The depth of the 1981-1982 recession caused the Fed to abandon its experiment in targeting ________ and move to what now appears to be ________ growth rule
A) money growth, an interest rate
B) money growth, a real GDP growth
C) money growth, an unemployment rate
D) interest rates, a high-powered money growth
E) interest rates, a nominal GDP growth
B
Economics
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The inside lags for monetary policy are relatively long compared to those for fiscal policy
Indicate whether the statement is true or false
Economics
"Bad news" about an expenditure-related indicator drives bond prices __________ and stock prices __________
A) up; up B) up; down C) down; up D) down; down
Economics