During the period of October 1979 to October 1982; the FOMC's primary operating target resulted in:
A. the most stable period for the federal funds rate in history.
B. the federal funds rate experiencing high volatility.
C. the federal funds rate dropping to 2 percent (an all-time low to that date) and not rising above 3 percent.
D. reserves being highly volatile.
Answer: B
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A) of differences in characteristics of the population B) of geographical differences C) the study is out of date D) all of the above
The long run aggregate supply curve (LRAS) also represents
A. the full-employment level of output. B. the full-adjustment level of output. C. the full-information level of output. D. all of these.
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A. Logrolling B. Hedging C. Allotting D. Bolstering
A financial strategy that reduces the chance of suffering losses arising from foreign exchange risk is referred to as
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