Monetarists Think That the Fed Should Use ________ as a Target

question 70

Multiple Choice

Monetarists think that the Fed should use ________ as a target when conducting monetary policy.

• A)the money supply
• B)the federal funds rate
• C)the Treasury bill rate
• D)the inflation rate
• E)the unemployment rate

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Definitions:

Category

A class or division of people or things regarded as having particular shared characteristics or properties.

Schema

A cognitive framework or concept that helps organize and interpret information, based on one's experiences and knowledge.

Impression

The initial perception or judgment formed about someone or something based on available information.

Misremember

The act of incorrectly recalling or reporting past events or information.