Quizzol

QUESTION:

Which of the following statements about monetary policy is true?

a. In recent times, the Fed has targeted interest rates as opposed to the money supply.

b. The Fed has precise control of the money supply.

c. In 2020, the Fed raised reserve requirements to a new high.

d. In recent times, the Fed has targeted the money supply as opposed to interest rates.

e. The Fed has very little influence on short-term interest rates in the economy.

ANSWER:

a. In recent times, the Fed has targeted interest rates as opposed to the money supply.

Posted by Cleveland on September 9, 2024