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What Was the Main Reason the Fed Stopped Announcing Growth

question 36

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What was the main reason the Fed stopped announcing growth targets for money aggregates in the early 2000s?


Definitions:

Parasitoid Wasps

Insects that lay their eggs on or in other insects, with the larvae eventually killing the host.

Stabilizing

A type of natural selection that favors the average individuals in a population, thereby maintaining the population's genetic variation.

Directional

In evolutionary biology, a type of natural selection that favors one extreme phenotype over others, causing a shift in the population's phenotypic distribution over time.

Additive Alleles

Alleles that contribute to the phenotype in a way that the effects of individual alleles add up to produce the overall phenotype.

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