16. The failure of the Fed to control the money sup- ply in the 1970s and 1980s...

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16. "The failure of the Fed to control the money sup- ply in the 1970s and 1980s suggests that the Fed is not able to control the money supply." Do you agree or disagree? Explain your answer.

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Financial Markets and Institutions

ISBN: 978-0321280299

5th edition

Authors: Frederic S. Mishkin, Stanley G. Eakins

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