For more than 20 years, the fed has used the federal funds rate as its monetary policy target. it has not targeted money supply at the same time because the
a. fed does not have the authority to control both targets
b. fed cannot target both at the same time: it has to choose between targeting an interest rate and targeting the money supply
c. fed can target both at the same time, but it has chosen to target the interest rate as it is more reliable as a target

Option B

For more than 20 years, the Fed has used the federal funds rate as its monetary policy target. It has not targeted money supply at the same time because the Fed cannot target both at the same time: it has to choose between targeting an interest rate and targeting the money supply

Explanation:

Every economic aspect important for the economy and not directly controlled by the Federal Reserve is subject to intermediate goals. For example, things like money supply or inflation are included. Although these goals form part of the monetary policy priorities of the banking system, the Fed's monetary policy actions only affect them indirectly. Intermediate priorities help guide decisions between the specific instruments of the Fed and its aims.

The Fed can not actually control an intermediate objective including the supply of money, and must, therefore, influence the intermediate objective by means of one of its policy instruments, the discount rate, in this case.

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