Question

Between 1970 and 2000, if the Fed had tried to hit the money growth targets:
A. the economy would have likely experienced very high inflation.
B. the federal funds rate would have changed often and by large amounts.
C. the interest rates would have likely been more stable.
D. the economy would have likely experienced very high inflation but the interest rates would have likely been more stable.

Answer

This answer is hidden. It contains 2 characters.