The Fed can exert more precise control over ________ than it can over ________.

The Fed can exert more precise control over ________ than it can over ________.

The Fed can exert more precise control over ________ than it can over ________.




A) high-powered money; reserves
B) high-powered money; the monetary base
C) the monetary base; high-powered money
D) reserves; high-powered money



Answer: A