The Fed's Current Position Towards the Existing Monetary Aggregates Is

question 30

Multiple Choice

The Fed's current position towards the existing monetary aggregates is

• A) it is convinced that M1 is the best measure of the money supply.
• B) it is convinced that M2 is the best measure of the money supply.
• C) it is an issue of ongoing research.
• D) it is reverting to considering currency alone as the best measure of the money supply.

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Definitions:

Interest

The charge for the privilege of borrowing money, typically expressed as an annual percentage rate.