The Taylor rule accurately predicted the changes in the federal funds target during the period
A) when Alan Greenspan was the chairman of the Federal Reserve Board.
B) when Paul Volcker was the chairman of the Federal Reserve Board.
C) when William McChesney Martin was the chairman of the Federal Reserve Board.
D) when Arthur Burns was the chairman of the Federal Reserve Board.
A
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Suppose that a bank has $30 million in asset X, $10 million in asset Y, and $20 million in asset Z. Each asset has a different risk weight. The risk weight for asset X is 30%, the risk weight for asset Y is 60%, and the risk weight for asset Z is 10%. The amount of risk-weighted assets for this bank is ____________ million. Assuming that the bank has to hold capital equal to 8% of its
risk-weighted assets, the bank must hold _____________ million in capital. A) $17; $13,6 B) $60; $4.8 C) $17; $1.36 D) $66; $5.28
"Politics is too often the thing that gets in the way of good economic policy being implemented." The economist who said this most likely
A) believes that fiscal policy is preferable to monetary policy when it comes to stabilizing the economy. B) prefers discretionary monetary policy to rule-based monetary policy. C) believes that there will be a lot of crowding out if government spending is increased. D) prefers rule-based monetary policy to discretionary monetary policy.
If U.S. real interest rates fall, international repercussions put _________________ pressure on the price level and __________________ pressure on Real GDP in the United States
A) upward; upward B) upward; downward C) downward; upward D) downward; downward
Comparative Advantage:
What will be an ideal response?