The FOMC finally moved to ________ on January 25, 2012, when it issued its "Statement on Long-Run Goals and Monetary Policy Strategy."
A) inflation targeting
B) zero inflation policy
C) "just do it" policy
D) monetary targeting
A
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The exchange rate states the price, in terms of one currency, at which another currency can be bought
a. True b. False Indicate whether the statement is true or false
Figure 2-9
Assume that the publishing industry produces novels and textbooks, as shown in the production possibilities frontier in . Moving from point H to G, the opportunity cost of those five additional textbooks equals
a.
0.5 novels
b.
10 million novels
c.
3 novels
d.
8 novels
e.
2 novels
Which of the following is one way the Federal Reserve Bank serves the government?
(A) Financing state government projects. (B) Making loans to the government. (C) Minting coins for the government. (D) Selling government securities.
Which of the following indicates taking an action to reverse the effect of official intervention on the domestic money supply?
A. Playing by the "rules of the game" B. Implementing capital controls C. Sterilization D. Adjusting the country's interest rates