Over the Fed's history, it has targeted a. bank reserves. b. ...

[newyorker26]

Over the Fed's history, it has targeted
 
  a. bank reserves.
  b. the Federal funds rate.
  c. monetary aggregates.
  d. inflation.
  e. all but d.

Question 2

Which of the following equations illustrates the equilibrium level of income with respect to the simple Keynesian closed-economy model?
 
  a. Y = 1/(1  b)(a  bT  I + G)
  b. Y = 1/(1  b)(a + bT + I + G)
  c. Y = 1/(1 + b)(a  bT  I  G)
  d. Y = 1/(1  b)(a  bT + I + G)
  e. Y = (1  b)(a + bT + I + G)

[makaylafy]

Answer to Question 1

E

Answer to Question 2

D