The Taylor Rule Accurately Predicted the Changes in the Federal

question 77

Multiple Choice

The Taylor rule accurately predicted the changes in the federal funds target during the period

• A)when Alan Greenspan was the chairman of the Federal Reserve Board.
• B)when Paul Volcker was the chairman of the Federal Reserve Board.
• C)when Arthur Burns was the chairman of the Federal Reserve Board.
• D)when William McChesney Martin was the chairman of the Federal Reserve Board.

---

Definitions:

Corporation Act

refers to legislation that governs the formation, operation, and dissolution of corporations.

Foreign Corporation

A company that is incorporated in one country but does business in another under the laws of the latter.

Incorporated

A legal process used to form a corporate entity or company. It is recognized by law as a separate legal entity from its owners.

Doing Business

The activities and actions involved in managing and operating a company or engaging in commerce.