An article in the New York Times in 1993 stated the following about Fed Chairman Alan Greenspan's decision to no longer announce targets for the money: "Since the late 1970's, the Federal Reserve has made many of its most important decisions by setting a specific target for growth in the money supply .. and often adjusted interest rates to meet them."
Source: Steven Greenhouse, "Fed Abandons Policy Tied to Money Supply," New York Times, July 23, 1993.
If the Fed would no longer have a specific target for the money supply, it would be targeting the
A. savings rate.
B. reserve ratio.
C. discount rate.
D. federal funds rate.
The Fed gave up targeting the money supply because
A. Congress objected to monetary targets.
B. inflation was out of control and so the Fed changed the target.
C. the relationship between interest rates and the money supply was more certain.
D. the relationship between monetary aggregates and other economic variables was becoming unreliable.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answermultidomestic strategy;