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Loraine Loraine
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8 years ago
One problem with the ripple effect from the Fed's monetary policy is
A) the fact that the monetary policy transmission process is long and drawn out.
B) that changing the Federal funds target rate seldom has an effect on the markets for reserves and loanable funds.
C) that the Fed's policy sometimes has a large impact on potential GDP as well as its usual impact on aggregate demand.
D) the tight relationship that the Federal funds rate has to aggregate spending.
E) the frequent misalignment of the spread between the Federal funds rate and the Federal funds rate target.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Loraine Author
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8 years ago
Smart ... Thanks!
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ky
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2 hours ago
Good timing, thanks!
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