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valputin valputin
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8 years ago
Which of the following statements is an example of the Fed's conditional commitment policy?
A) "The Committee anticipates that weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time."
B) "Policy accommodation can be removed at a pace that is likely to be measured."
C) "The exceptionally low range for the federal funds rate will be appropriate at least as long as the
unemployment rate remains above 6-1/2 percent, and inflation between one and two years ahead is projected to be no more than a half percentage point above the Committee's 2 percent longer-run goal."
D) "In these circumstances, the Committee believes that policy accommodation can be maintained for a considerable period."
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
Correct
Our course uses > The Economics of Money, Banking and Financial Markets
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#3
8 years ago
Slight Smile Good luck with the rest
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