From October 1983 to July 1993,the Federal Reserve Targeted

question 23

Multiple Choice

From October 1983 to July 1993,the Federal Reserve targeted

• A)the Fed funds rate.
• B)borrowed reserves.
• C)nonborrowed reserves.
• D)M1.
• E)M3.

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Definitions:

Unearned Rent Revenue

Income received by a property owner for rent that has not yet been earned because the time period the rent covers has not yet passed.

Credit

An accounting entry that increases a liability or equity account or decreases an asset or expense account.

Unearned Rent

Income received by an entity for rent that has not yet been earned, typically because the period of tenancy has not yet occurred.