Monetarists Think That the Fed Should Use ________ as a Target

question 70

Multiple Choice

Monetarists think that the Fed should use ________ as a target when conducting monetary policy.

• A)the money supply
• B)the federal funds rate
• C)the Treasury bill rate
• D)the inflation rate
• E)the unemployment rate

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Definitions:

Snoring

The hoarse or harsh sound that occurs when air flows past relaxed tissues in the throat, causing the tissues to vibrate during sleep.

Breathing

The process of inhaling oxygen and exhaling carbon dioxide from the atmosphere, essential for life.

Hypnosis

A trance-like state of focused attention, increased suggestibility, and heightened imagination, often used for therapeutic purposes.

Social-cognitive Theory

A perspective stating that learning occurs in a social context and that much of what is learned is gained through observation.