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Author Question: In practice, money growth targeting was A) a good idea. B) a policy introduced in the U.S. in ... (Read 40 times)

mcmcdaniel

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on: Jun 30, 2018
In practice, money growth targeting was
 
  A) a good idea.
  B) a policy introduced in the U.S. in the 1970s, which continues to the present.
  C) better than interest rate targeting.
  D) a failure.

Question 2

Suppose the required reserve ratio is 8 and the Fed purchases 100 million worth of Treasury bills from Wells Fargo. By how much is Wells Fargo able to increase its loans?
 
  A) 8 million
  B) 92 million
  C) 100 million
  D) 1.25 billion


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tennis14576

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


mcmcdaniel

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

amandanbreshears

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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