Empirical Evidence Suggests That Over the Last Ten Years

question 54

Multiple Choice

Empirical evidence suggests that over the last ten years:

• A)The nominal and real federal funds rates are related inversely
• B)The nominal and real federal funds rates are highly positively correlated
• C)While the FOMC has had a lot of influence over the nominal federal funds rate, they have been less successful at changing the real federal funds rate
• D)There is no correlation between the nominal and real federal funds

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