Throughout the 1980s, the Federal Reserve
a. primarily targeted M1.
b. primarily targeted M2.
c. returned to targeting the federal funds rate.
d. began targeting inflation.
B
Economics
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Refer to Table 2-2. Assume Billie's Bedroom Shop only produces pillows and blankets. A combination of 9 pillows and 21 blankets would appear
A) along Billie's production possibilities frontier. B) inside Billie's production possibilities frontier. C) outside Billie's production possibilities frontier. D) at the vertical intercept of Billie's production possibilities frontier.
Economics
The sole proprietor faces a disadvantage of limited liability
Indicate whether the statement is true or false
Economics