Macroeconomic Variables That the Fed Cannot Control Directly but Can

question 39

Multiple Choice

Macroeconomic variables that the Fed cannot control directly but can influence fairly predictably,and which are related to the Fed's goals,are known as

• A)instruments.
• B)tools.
• C)intermediate targets.
• D)initial targets.

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Definitions:

Prompt Shipment

The swift dispatch of goods to the buyer immediately after the confirmation of an order.

Ambiguous Offer

An offer in a contract that is unclear and can be reasonably interpreted in more than one way.

UCC

The Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States, including sales, leases, negotiable instruments, and secured transactions.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, governing the sale of goods between parties from different countries.