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Author Question: Which of the following correctly describes what the Fed used as monetary targets in the past? A) ... (Read 27 times)

burton19126

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Which of the following correctly describes what the Fed used as monetary targets in the past?
 
  A) The Fed used M1 and M2 as targets after 1993.
  B) After 1980 and before the 1990s, the Fed focused on interest rate targets.
  C) The Fed focused on M1 as a target after deregulation of the financial markets.
  D) The Fed increased its reliance on interest rate targets since the mid-1990s.

Question 2

Based on the following information, what is the balance on the current account?
 
  Exports of goods and services = 5 billion
  Imports of goods and services= 3 billion
  Net income on investments = -2 billion
  Net transfers = -2 billion
  Increase in foreign holdings of assets in the United States = 4 billion
  Increase in U.S. holdings of assets in foreign countries = -1 billion
 
  A) -2 billion B) 1 billion C) 3 billion D) 4 billion



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tkempin

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Answer to Question 1

D

Answer to Question 2

A




burton19126

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Reply 2 on: Jun 29, 2018
Excellent


pangili4

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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