Which of the following is an intermediate target of the Fed's policies?

a. Exchange rate
b. Unemployment
c. Money supply
d. Interest rate
e. Inflation


c

Economics

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For a perfectly competitive firm, the long-run supply curve is the long-run average cost curve.

Answer the following statement true (T) or false (F)

Economics

If aggregate planned expenditures equal real GDP, then

A) unplanned inventory changes equal zero. B) inventories decrease below their planned levels and businesses increase their production. C) inventories decrease below their planned levels and businesses decrease their production. D) inventories increase above their planned levels and businesses decrease their production. E) there is no equilibrium level of real GDP.

Economics

Compared to many other countries, the United States has: a. fewer banks, with assets distributed more evenly

b. fewer commercial banks, with assets concentrated in a few large banks. c. more banks, with assets concentrated in a few large banks. d. more commercial banks, with deposits widely distributed among the banks. e. more commercial banks, with deposits concentrated in a few large banks.

Economics

Protectionist policies often seek to shield domestic producers and domestic workers from ________ competition.

a. foreign b. local c. domestic d. unfair

Economics