Classify each of the following as either an operating
Classify each of the following as either an operating target or an intermediate target, and explain why.
a. The three-month Treasury bill rate.
b. The monetary base.
c. M2
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Because the public can see whether a central bank hits its monetary targets almost immediately, whereas it takes time before the public can see whether an inflation target is achieved
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What benefits does it bring and what potential problems will it bring
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Compare the monetary base to M2 on the grounds of controllability and measurability. Which do you prefer as an intermediate target? Why?
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Is the Internet used for advertising and is the Internet used for internal and external information dissemination?
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