Author Question: Under Alan Greenspan, the Fed strived to hit its goals of price stability and high employment ... (Read 76 times)

FButt · **on:** Jun 29, 2018

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

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

Question 2

Refer to Table 1-1. Using marginal analysis, by how many hours should Lydia extend her nail salon's hours of operations?

A) 2 hours B) 3 hours C) 4 hours D) 5 hours E) 6 hours