Under Alan Greenspan, the Fed:
A. Targeted interest rates only.
B. Targeted the money supply only.
C. Targeted the unemployment level.
D. Used a mix of money-supply and interest-rate adjustments.
D. Used a mix of money-supply and interest-rate adjustments.
You might also like to view...
All inferior goods have upward-sloping demand curves.
Answer the following statement true (T) or false (F)
In September 2007, Regions Bank held $3 million in reserves against M1 deposits and made $83 million in loans. Between September 2007 and September 2008, deposits decreased from $114 million to $95 million
If Regions Bank wants to maintain its desired reserve ratio in 2008, it will A) increase its reserves. B) definitely make more loans. C) cannot make more loans. D) decrease its reserves.
If the agent has more information than the principal and there is only one state of nature, then
A) efficiency in both production and risk-bearing can be achieved. B) only efficiency in production can be achieved. C) only efficiency in risk-bearing can be achieved. D) neither efficiency in production nor efficiency in risk-bearing can be achieved.
For the monopolistically competitive firm,
a. competition is blocked by barriers to entry b. limit pricing can forestall competition indefinitely c. marginal revenue is less than the product's price d. price discrimination is a key tool e. marginal revenue is equal to the product's price