Under Alan Greenspan,the Fed Strived to Hit Its Goals of Price

question 88

Multiple Choice

Under Alan Greenspan,the Fed strived to hit its goals of price stability and high employment through

• A)setting targets for the federal funds rate of interest.
• B)setting targets for rates of growth in the M1 and M2 money supplies.
• C)practicing discretionary monetary policy,reacting to counter-changes in the level of unemployment during recessions and booms.
• D)strict adherence to rules based strategies.

---

Definitions:

Four Valves

Describes an engine configuration, especially in internal combustion engines, where four valves are used per cylinder to increase efficiency and power output.

Dependent Premises

Refers to arguments in which the truth of one premise is reliant on the truth of another.

Diagram

A simplified drawing or chart that represents information visually, often used to illustrate relationships or processes.

Arrows

Often represents direction or movement, and in logical diagrams, can indicate the flow or progression of an argument or process.