If the Fed Raises Its Target for the Federal Fund

question 134

Multiple Choice

If the Fed raises its target for the federal fund rate, this indicates

• A) the Fed is pursuing an expansionary monetary policy.
• B) the Fed is pursuing a contractionary monetary policy.
• C) the Fed is attempting to lower unemployment.
• D) the Fed is concerned that the growth in aggregate demand will exceed potential GDP.

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Definitions:

Output

The data sent out by a computer or software to an external device or to a user, such as display screens, printers, or files.

Int[]

In many programming languages, denotes an array of integers, which is a collection of integer values stored in contiguous memory locations.

Forint

The currency used in Hungary.

Console Application

A computer program designed to be used through a text-only computer interface, such as a text terminal, the command-line interface of some operating systems, or a text-based user interface.