The conventional tools of monetary policy include:
A. the currency-to-deposit ratio.
B. the deposit rate.
C. the target federal funds rate range.
D. both the deposit rate and the target federal funds rate range.
Answer: C
Economics
You might also like to view...
For a perfectly competitive corn grower in Nebraska, the marginal revenue curve is
A) downward sloping. B) the same as its demand curve. C) upward sloping. D) U-shaped. E) vertical at the profit maximizing quantity of production.
Economics
In the figure above, if the wage rate is $6 per hour, then the
A) firms' surplus is the area d + e + f. B) workers' surplus is the area a + b + c. C) deadweight loss equals zero. D) Only answers A and C are correct. E) Answers A, B, and C are correct.
Economics