Over the Last Decade or So, the Fed Has Emphasized

question 46

Multiple Choice

Over the last decade or so, the Fed has emphasized the use of which of the following variables as an operating target?

• A)M1
• B)the fed funds rate
• C)nonborrowed reserves
• D)borrowed reserves

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Definitions:

Mutual Gains

Benefits that are shared or enjoyed by all parties involved in a negotiation, agreement, or cooperative effort.

Concessions

Acts of yielding or compromising in a negotiation, where one party agrees to give up part of their demands to reach an agreement.

Proposal

A plan or suggestion put forward for consideration or discussion by others.

BATNA

Best Alternative To a Negotiated Agreement; the most advantageous course of action a party can take if negotiations fail.