An instrument rule is based on --------------------of the economy while a targeting rule is based on-------------------- of the economy.
A) the previous state; the current state
B) the current state; a forecast
C) the current state; the previous state
D) a forecast; the previous state
E) a forecast; the current state
Correct Answer:
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A)Congress.
B)the Federal
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A)the federal funds rate.
B)the
Q103: The Fed --------------------influence the real interest rate
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