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Author Question: Because oil price increases reduce the consumption of oil, this discourages the development of oil ... (Read 61 times)

lracut11

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on: Jun 29, 2018
Because oil price increases reduce the consumption of oil, this discourages the development of oil substitutes.
 
  Indicate whether the statement is true or false

Question 2

Distinguish between monetary policy instruments and goals.
 
  What will be an ideal response?


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ong527

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

Monetary policy instruments are the variables the Fed can use to conduct monetary policy and reach its goals. These include the monetary base or the federal funds rate. Monetary policy goals are the ultimate objectives for the Fed. These include price stability and full employment.


lracut11

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

LVPMS

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Reply 3 on: Yesterday
Excellent

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