Author Question: During his tenure at the helm of the Federal Reserve System, Paul Volcker reestablished ________. ... (Read 59 times)

Arii_bell · **on:** Jun 30, 2018

During his tenure at the helm of the Federal Reserve System, Paul Volcker reestablished ________.

A) a system of fixed exchange rates
B) the role of open market operations in the monetary policy actions of the Fed
C) the credibility of the Federal Reserve as an inflation fighting institution
D) the targeting of monetary aggregates, like the fed funds rate

Question 2

The period from 2000 to 2010

A) was a period of high productivity growth.
B) was a period with negative productivity growth, because of the Great Recession.
C) was a period of zero productivity growth.
D) was a period of low productivity growth, almost as bad as the period 1970-1980.