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

question 10

Multiple Choice

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

• A) interest rate; three-month Treasury bill rate
• B) interest rate; federal funds rate
• C) reserve aggregate; monetary base
• D) reserve aggregate; nonborrowed reserves

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Definitions:

Rural India

Refers to the countryside or village areas in India, often characterized by agriculture-based economies and lower population density compared to urban regions.

Opportunity Cost

Turning down potential benefits from several alternatives by locking in on one.

College Degree

An academic degree conferred by colleges or universities upon students who have completed a course of study or major.

Lifetime Earnings

The total amount of money a person is expected to earn over the course of their career.