Which of the Following Events or Trends from the 1970s

question 34

Multiple Choice

Which of the following events or trends from the 1970s and 1980s does not help to explain the failure of using monetary aggregates as intermediate targets?

• A) oil price shocks
• B) the creation of new monetary instruments which brought about new, broader measures of the money supply
• C) the invention of automatic teller machines
• D) legislative and regulatory changes allowing increased financial competition
• E) the widespread adoption of computers throughout the banking industry

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Definitions:

Data

Quantitative or qualitative values of variables or sets of information, often used for analysis or decision-making.

Value for Z

typically relates to statistic or math, representing a specific value within a standardized normal distribution, often used in significance testing.

Marginal Utility

The extra pleasure or benefit gained from using one more unit of a product or service.