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5.
One reason the target federal funds rate may not equal the actual federal funds rate is because:
a.
There is no way that the Fed could keep the actual rate at the target rate
b.
The target rate changes with the demand for reserves
c.
Attaining the target rate involves forecasting reserve demand and forecasts are subject to
error
d.
None of the answers is correct; the target and the actual federal funds rates are always equal
6.
Discount lending today is primarily used for:
7.
The types of loans the Fed makes consist of each of the following, except:
8.
Secondary credit provided by the Fed is designed for:
9.
Unconventional monetary policy tools include all but:
a.
quantitative easing
b.
policy duration commitment
c.
credit easing
d.
reserve requirement
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- Spring '13
- Chikhladze
- Monetary Policy, Fed, federal funds rate
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