Fluctuations in the demand for reserves cause the Fed to lose control over a monetary aggregate if the Fed targetsFluctuations in the demand for reserves cause the Fed to lose control over a monetary aggregate if the Fed targetsFluctuations in the demand for reserves cause the Fed to lose control over a monetary aggregate if the Fed targets

Fluctuations in the demand for reserves cause the Fed to lose control over a monetary aggregate if the Fed targetsFluctuations in the demand for reserves cause the Fed to lose control over a monetary aggregate if the Fed targetsFluctuations in the demand for reserves cause the Fed to lose control over a monetary aggregate if the Fed targets

Fluctuations in the demand for reserves cause the Fed to lose control over a monetary aggregate if the Fed targets




A) a monetary aggregate.
B) the monetary base.
C) an interest rate.
D) nominal GDP.



Answer: C