All the Following Affect Short-Run Operating Targets of the FOMC

question 1

Multiple Choice

All the following affect short-run operating targets of the FOMC, except:

• A)the federal funds rate.
• B)the rate of inflation.
• C)the budget deficit.
• D)the foreign exchange rate.
• E)the growth of real GDP.

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Definitions:

Leadership

The action of leading a group of people or an organization.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, involving skepticism and questioning of accepted conclusions.

Interpersonal

Relating to interactions and relationships between people.

Personal Trait

An individual's characteristic pattern of thinking, feeling, or behavior.