Over the Past 40 Years,the Most Frequent Target for the Fed's

question 21

Multiple Choice

Over the past 40 years,the most frequent target for the Fed's monetary policy has been

• A)the prime interest rate
• B)the federal funds rate
• C)the M1 money supply
• D)the M2 money supply
• E)the M3 money supply

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Definitions:

Rules Of Exponents

Mathematical rules that govern the operations on numbers with exponents, such as multiplication and division of powers.

Expression

A mathematical phrase that can contain numbers, variables, and operation symbols but not an equality sign.

X

In mathematics, "X" is commonly used to represent an unknown quantity or variable in equations and expressions.

Y

Often represents the vertical coordinate or dependent variable in a Cartesian coordinate system.