Answer the following questions...

7 3 Om en) Q The case for intermediate targeting on a monetary aggregate would be strengthened if there Select one: a.was increased instability in the money demand function. b. were difficulties in the measurement of money demand. c.was an increase in the severity of supply shocks d.was a decline in the interest elasticity of money demandWith a monetary aggregate as an intermediate target, the implicit assumption in Federal Reserve strategy is that Select one: a.higher rates of growth in the money stock will, ceteris paribus, increase inflation while lowering unemployment in the short-run. b.slower rates of growth Iti the money stock will, ceteris paribus, lower inflation rates and increase unemployment in the short run. c.higher rates of growth in the money stock will, ceteris paribus, decrease both inflation and unemployment in the short-run. d. slower rates of growth in the money stock will, ceteris paribus, increase both inflation and unemployment in the short-run e. Both a) and b)Which of the following statements is (are) correct? Regardless of whether the LM curve is vertical or upward sloping Select one: a an interest rate target is always superior to a money stock target when the uncertainty facing concerns the IS schedule b.a money stock target is never superior to an interest rate target when the uncertainty facing the policy maker concerns the IS schedule ca money stock target is superior to an interest rate target when the uncertainty facing the policy maker concerns the IS schedule d.both a money stock target of interest rate target provide the same results when the uncertainty facing the policy maker concerns the IS schedulen) a Assuming the money stock is the intermediate target, then a positive shock to money demand will Select one: a. shift the LM schedule up and income will fall below the target level. b.not shift the LM schedule but will displace income from the target level c. shift the LM schedule to the right and income will rise above the target level. d.not shift the LM schedule and, therefore, will not displace income from the target level