Which of the Following Statements About FOMC Decision-Making Is False

question 59

Multiple Choice

Which of the following statements about FOMC decision-making is false?

• A)Once the long-term policy stance is set, the focus of the FOMC shifts to the immediate period.
• B)The Fed looks at many indicators to assess current economic conditions and the economic outlook.
• C)Given its assessment of current conditions and the economic outlook, the FOMC comes up with short-term policy goals consistent with long-range goals.
• D)Short-term policy goals include only the short-term growth path for the fed funds rate.