The Fed's Eclecticism Reflects

question 56

Multiple Choice

The Fed's eclecticism reflects:

• A) A combination of flexible rules and limited discretion.
• B) Fixed rules that are set for monetary growth rates.
• C) Discretionary policy but not rules.
• D) The targeting of interest rates as the primary goal to be achieved by monetary policy.

---

Definitions:

Postmature

A fetus not yet born as of 2 weeks after the due date or 42 weeks after the mother’s last menstrual period.

Postfetal

Pertaining to the stage of life or developmental phase occurring after birth.

Infant Mortality Rate

Proportion of babies born alive who die within the 1st year.

SIDS

Sudden Infant Death Syndrome, an unexplained death, usually during sleep, of a seemingly healthy baby less than a year old.