If the Desired Intermediate Target Is a Monetary Aggregate,then the Preferred

question 55

Multiple Choice

If the desired intermediate target is a monetary aggregate,then the preferred policy instrument will be a(n) ________ variable like the ________.

• A)interest rate; three-month T-bill rate
• B)interest rate; federal funds rate
• C)reserve aggregate; monetary base
• D)reserve aggregate; narrow money supply M1

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Definitions:

Hair Cells

Sensory cells located in the inner ear that are critical for hearing and balance, converting mechanical sound waves into neural signals.

Slowly Adapting Receptors

Sensory receptors in the body that respond to a stimulus over an extended period, gradually decreasing in activity.

Meissner's Corpuscles

Specialized nerve endings in the skin that are sensitive to light touch, enabling the perception of texture, shape, and fine details.

Merkel's Receptors

Specialized nerve endings in the skin that respond to light touch and pressure, helping in the perception of texture and shape.