Although the Fed professed employment of ________ targeting during the 1970s, its behavior suggests that it emphasized ________ targeting.

Although the Fed professed employment of ________ targeting during the 1970s, its behavior suggests that it emphasized ________ targeting.




A) free-reserve; interest-rate
B) interest-rate; monetary aggregate
C) monetary aggregate; interest-rate
D) free reserve; monetary aggregate



Answer: C