Which of the following statements is (are)correct? Over the past 20 years,the Federal Reserve
A)has only targeted monetary aggregates.
B)has varied between an emphasis on interest rate control and targeting of monetary aggregates.
C)has only emphasized control of the interest rate.
D)None of the above

Question

Quizplus · Accepted Answer

Over the past 20 years, the Federal Reserve has varied between an emphasis on interest rate control and targeting of monetary aggregates. In the 1980s and 1990s, the Fed targeted monetary aggregates, but since the late 1990s and 2000s, it has focused more on interest rate control. However, there have been times during this period where the Fed has also used targeted monetary measures to achieve its goals.

Which of the Following Statements Is (Are)correct? Over the Past