The Fed's practices since World War II have
A)shown that interest rate targets are always preferable to monetary aggregate targets.
B)shown that monetary aggregate targets are always preferable to interest rate targets.
C)produced poor operating targets, but successful intermediate targets.
D)not produced very successful intermediate targets.

Question

Quizplus · Accepted Answer

The Federal Reserve's practices since World War II have demonstrated challenges in achieving successful intermediate targets, which are specific economic indicators, like money supply or interest rates, that central banks aim to influence in order to achieve broader economic objectives. These challenges reflect the complexities of monetary policy and the difficulties in predicting and controlling economic outcomes.

The Fed's Practices Since World War II Have