The Fed shifted from emphasizing the importance of a target interest rate to emphasizing the importance of a target money supply in order to
a. combat inflation in the economy
b. combat unemployment in the economy
c. spur economic growth in the economy
d. create a better balance of trade for the economy
e. combat deflation in the economy
A
Economics
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When the European System of Central Banks uses long-term refinancing operations, it is similar to the Federal Reserve using
A) dynamic open market operations. B) defensive open market operations. C) discount policy. D) reserve requirements.
Economics
A Congressional attempt to reduce deficit spending within a specific time frame was
a. the Kemp-Roth Act b. the Gramm-Rudman-Hollings Act c. the Tax Reform Act of 1986 d. the Humphrey-Hawkins Act of 1978 e. the Helms-Burton Act of 1995
Economics