The U.S. Federal Reserve bank defines price level stability as an inflation rate:
| ||
| ||
|
Price level stability is defined as a stable inflation rate between 0 and 3%.
The sustainable growth rate of real GDP is most likely to be increased by:
| ||
| ||
|
Sustainable growth in real GDP is defined as the growth rate in real GDP that is sustainable over the long term. The sustainable growth rate is positively affected by increases in the supply of natural resources and increases in the marginal propensity to save and invest. An increase in government spending does not increase an economy’s sustainable growth rate.
Which of the following is least likely to be a goal of current U.S. monetary policy?
| ||
| ||
|
U.S. monetary policy goals are maximum employment, stable prices, and moderate long-term interest rates.
欢迎光临 CFA论坛 (http://forum.theanalystspace.com/) | Powered by Discuz! 7.2 |