An effective Federal Reserve operating target is a target that is reliably linked to
A) inflation and unemployment rates.
B) other operating targets.
C) fiscal policy.
D) open market operations.
A
Economics
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The Fed came about in 1913 due to Congress's desire to have a centralized bank with national control of banking
Indicate whether the statement is true or false
Economics
Which of the following statements about economic models is correct?
a. Economic models are built to mirror reality exactly. b. Economic models are useful, but they should not be used for the purpose of improving public policies. c. Because economic models omit many details, they allow us to see what is truly important. d. Economic models seldom incorporate equations or diagrams.
Economics