3) An example of nondiscretionary policymaking is A) a nule under which the Fed targets the inflation rate. B) expansionary fiscal policy. C) changes in the interest rate initiated by the Fed. D) a Congressional tax-rate cut aimed at boosting real GDP. 4) The Federal Reserve is anticipating a contractionary period in the economy. The Fed decides to engage in open market operations to stimulate the economy. This action is A) active policymaking. B) passive policymaking. C) the monetary rule. D) nondiscretionary rule.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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3) An example of nondiscretionary policymaking is
A) a nule under which the Fed targets the inflation rate.
B) expansionary fiscal policy.
C) changes in the interest rate initiated by the Fed.
D) a Congressional tax-rate cut aimed at boosting real GDP.
4) The Federal Reserve is anticipating a contractionary period in the economy. The Fed decides
to engage
A) active policymaking.
B) passive policymaking.
C) the monetary rule.
D) nondiscretionary rule.
in
оpen
market operations to stimulate the economy. This action is
Transcribed Image Text:3) An example of nondiscretionary policymaking is A) a nule under which the Fed targets the inflation rate. B) expansionary fiscal policy. C) changes in the interest rate initiated by the Fed. D) a Congressional tax-rate cut aimed at boosting real GDP. 4) The Federal Reserve is anticipating a contractionary period in the economy. The Fed decides to engage A) active policymaking. B) passive policymaking. C) the monetary rule. D) nondiscretionary rule. in оpen market operations to stimulate the economy. This action is
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