(From the appendix.) Do Keynesians prefer the Fed to target the interest rate or the money supply?...

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(From the appendix.) Do Keynesians prefer the Fed to target the interest rate or the money supply? Why not target both?

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Principles of Money Banking and Financial Markets

ISBN: 978-0321339195

12th edition

Authors: Lawrence S. Ritter, William L. Silber, Gregory F. Udell

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Question Posted: Mar 06, 2018 09:32 AM

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(From the appendix.) Do Keynesians prefer the Fed to target the interest rate or the money supply?...

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They prefer an interest rate target The IS curve ca...View the full answer

Principles of Money Banking and Financial Markets

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