Some have argued that the Federal Reserve looked at the wrong indicator of monetary policy, and that the Fed mistakenly thought that monetary policy was "easy" because ______

a. the stock of money had grown rapidly
b. the monetary base had grown rapidly
c. market interest rates were low
d. bank reserve ratios were low

c. market interest rates were low

Economics

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The above table gives data on two variables. If these data were graphed, their relationship would

A) be a straight line. B) be a curved line. C) show a negative relationship. D) nonexistent.

Economics

The neutrality of money is the idea that:

A. virtual money has a neutral effect in the economy. B. hard money has a neutral effect in the economy. C. aggregate price levels do not affect real outcomes in the economy. D. in real terms, it makes no difference who is spending each dollar.

Economics