So-called market monetarists suggest that the Fed, based on economic performance data over the past many decades, should aim for which of the following targets? a. a 5 percent unemployment rate
b. a 5 percent per year expansion of real GDP
c. a 5 percent per year growth in nominal GDP
d. a 5 percent per year inflation rate

Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies

Your own record of all your transactions. a. check register b. account statement

Biochemical corp. requires $600,000 in financing over the next three years. the firm can borrow the funds for three years at 10.80 percent interest per year. the ceo decides to do a forecast and predicts that if she utilizes short-term financing instead, she will pay 7.50 percent interest in the first year, 12.15 percent interest in the second year, and 8.25 percent interest in the third year. assume interest is paid in full at the end of each year. a)determine the total interest cost under each plan. a) long term fixed rate: b) short term fixed rate: b) which plan is less costly? a) long term fixed rate plan b) short term variable rate plan