Author Question: Why does the Fed have imperfect control over the money supply over short periods? a. Because of ... (Read 51 times)

bclement10 · **on:** Jun 30, 2018

Why does the Fed have imperfect control over the money supply over short periods?
a. Because of unpredictable changes in reserve requirements
b. Because the public responds to open market operations in unpredictable fashions
c. Because the Fed does not know how much reserves will change when it buys or sells securities
d. Because of unpredictable changes in public desire to hold cash and banks' desires to hold reserves

Question 2

Which of the following was sanctioned by the Zimbabwe government in January 2009 as a substitute currency?
a. Japanese yen
b. Chinese yuan
c. Mexican peso
d. U.S. dollars
e. Argentine peso