The Fed's Use of the ________ as an Operating Target

question 105

Multiple Choice

The Fed's use of the ________ as an operating target in the 1970s resulted in ________ monetary policy.

• A)federal funds rate;countercyclical
• B)federal funds rate;procyclical
• C)M1 money supply;countercyclical
• D)M1 money supply;procyclical

---

Definitions:

Added Sugars

Sugars and syrups that are added to foods or beverages when they are processed or prepared, not including naturally occurring sugars.

Lactose Intolerant

The inability to fully digest lactose, a sugar found in milk and dairy products, due to a deficiency in lactase enzyme.

Food Allergy

An adverse health effect arising from a specific immune response that occurs reproducibly on exposure to a given food.

Food Intolerance

A digestive system response where an individual has difficulty digesting certain foods, leading to uncomfortable symptoms.