1) Use the picture above to answer this question. What does this image NOT say about monetary policy?a. Monetary policy can impact the federal funds rateb. The Fed is generally pretty good at achieving its target federal funds ratec. There is a wide range of outcomes when achieving the target federal funds rate, and the Fed often does not hit its target federal funds rated. The effective federal funds rate usually falls right where the target federal funds rate ise. The Fed is an effective monetary policy administrator
1) Use the picture above to answer this question. What does this image NOT say about monetary policy?
a. Monetary policy can impact the federal funds rate
b. The Fed is generally pretty good at achieving its target federal funds rate
c. There is a wide range of outcomes when achieving the target federal funds rate, and the Fed often does
not hit its target federal funds rate
d. The effective federal funds rate usually falls right where the target federal funds rate is
e. The Fed is an effective monetary policy administrator
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2) Use the figure above for this question. Given current resources and technology, which point(s) is/are efficient?
a. Only point Q
b. Only point R
c. Only points R and S
d. Only point T
e. Points Q, R, and S
6% 4% 2% 0% Effective federal funds rate помил 2000 1995 2005 Target federal funds rate Target federal funds range 2015 2010 2020
Good Z R S Good X
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