All of the following aim to reduce income inequality EXCEPT

Since 2008, the Fed has conducted a policy that involves direct lending to private firms. Those actions of the Fed are called

A) open market operations. B) quantitative easing. C) federal funds rate targeting. D) credit policies.

If real GDP and the velocity of circulation do not change and the quantity of money grows by 3 percent, then in the long the inflation rate is

A) 0 percent. B) 3 percent. C) larger than 3 percent. D) -3 percent. E) More information is needed to answer the question.