The Taylor rule is a recommendation of how
A) banks should determine worthy loan recipients.
B) the Fed should set the required reserve ratio.
C) the Fed should set the federal funds rate target.
D) banks should securitize their debt.
C
Economics
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Jose and Julia were discussing the necessary components to achieve economic growth. Jose stated that the economy must include free markets, specialization and trade, and an ethical judicial system. Julia reminded Jose that another key component is
A) property rights. B) freedom of speech. C) a guaranteed high rate of return on savings. D) freedom of religion. E) democracy.
Economics
The Fed increases the quantity of money to counteract
A) a federal budget surplus. B) an inflationary ga
Economics