The type of monetary policy regime that the Federal Reserve has followed From the 1980s up until the time Ben Bernanke became chair of the Federal Reserve in 2006 can best be described as
A) monetary targeting.
B) inflation targeting.
C) policy with an implicit nominal anchor.
D) exchange-rate targeting.
C
You might also like to view...
When income is distributed perfectly equally in a population, the Lorenz curve is a straight line
a. True b. False
In the 2007-2009 period, the expenditure level in the United States intersected the 45-degree line below potential GDP, causing
a. hyperinflation. b. a growing trade deficit. c. a government budget surplus. d. unemployment.
The increase in the price of sugar created by the tariff will lead domestic consumption to fall by ________ tons per year, compared to when the economy is open without the tariff.
A. 30 B. 20 C. 40 D. 10
Import restrictions due to the imposition of tariffs by the U.S. government
A. will ultimately cause inefficient resource allocation in the United States. B. will lead to a decline in the quantity of the product consumed in the United States. C. will lead to lower incomes in the economy of U.S. trade partners. D. All of these are likely to occur.