Which of the Following Statements Is Correct

question 36

Multiple Choice

Which of the following statements is correct?

• A)Through autonomous monetary policy adjustments the Federal Reserve can ultimately determine the equilibrium real interest rate in the long run.
• B)Through autonomous monetary policy adjustments the Federal Reserve can ultimately determine potential output in the long run.
• C)Through autonomous monetary policy adjustments the Federal Reserve can target any inflation rate in the long run.
• D)all of the above
• E)none of the above

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Definitions:

Absolute Value

A measure of a number's distance from zero, regardless of direction on the number line, represented by \(|x|\).

Set Notation

A symbolic way of representing and specifying a set and its elements using curly brackets and specific symbols.

Absolute Value Inequality

An inequality that contains an absolute value expression, setting constraints on the range of solutions.

Absolute Value Inequality

A mathematical statement that expresses the range of values an absolute value expression can take and still satisfy a given inequality.