If the Fed's strategy for conducting monetary policy is thought of as a game plan that proceeds in stages, then the game plan can be summarized as follows:
A) The Fed selects its policy goals, then the intermediate targets consistent with achieving its policy goals, then the operating targets consistent with its intermediate targets. Finally, it adjusts its policy tools to effect the desired targets and goals.
B) The Fed selects its policy goals, then the operating targets consistent with achieving its policy goals, then the intermediate targets consistent with its operating targets. Finally, it adjusts its policy tools to effect the desired targets and goals.
C) The Fed selects its policy goals, then the intermediate targets consistent with achieving its policy goals, then the policy tools consistent with its intermediate targets. Finally, it adjusts its operating targets to effect the desired targets and tools.
D) The Fed selects its policy tools, then the operating targets consistent with achieving its policy tools, then the intermediate targets consistent with its operating targets. Finally, it adjusts its policy goals to effect the desired targets and tools.
E) None of the above.
A
You might also like to view...
In the questions that follow, you will be asked to identify the blanks on the below diagram using the word bank: NADPH, NADP, ATP, ADP + P, carbon dioxide, oxygen, carbohydrate, water. Briefly explain the significance of each item.
A is ________.
What will be an ideal response?
Laramie Company has acquired a property that included both land and a building for $500,000. The company hired an appraiser who has determined that the market value of the land is $300,000 and that of the building is $480,000. At what amount should the company record the cost of the building? (Round any intermediate calculations to two decimal places, and your final answer to the nearest dollar.)
A) $297,600 B) $310,000 C) $250,000 D) $320,000
You should only call a meeting if you have no alternative way to communicate
a. True b. False
The word "Meeting" is an example of an efficient and effective subject line for an email message
Indicate whether the statement is true or false