As shown by the IS-LM model, there are two reasons that the Fed can lose control of the economy. One of these reasons is
A) federal funds rate can never reach zero percent.
B) zero federal funds rate is not sustainable.
C) household and business borrowers do not base their decision to borrow on interest rates.
D) that the zero federal funds rate achieved by the Fed is irrelevant to household and business borrowers.
D
Economics
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Which economic concept is illustrated by the saying "You can't have your cake and eat it too"?
a. Private property rights b. Economic freedom c. Scarcity d. Opportunity cost e. Gains from trade
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A financial system is a means of bringing together savers and borrowers.
Indicate whether the statement is true or false.
Economics