QUESTION 6

Which of the following factors keeps the natural rate of unemployment greater than zero?

	A.	Cyclical unemployment
	B.	Structural unemployment
	C.	Both frictional and structural unemployment
	D.	Frictional unemployment

QUESTION 7

What are the two components of the Fed's dual mandate?

	A.	Output stability and financial market stability
	B.	Price stability and output stability
	C.	Interest rate stability and foreign exchange stability
	D.	Price stability and interest rate stability

QUESTION 8

The Fed's monetary policy strategy that focuses on achieving price stability is known as:

	A.	Inflation targeting
	B.	Tax policy
	C.	Money supply management
	D.	Currency exchange

QUESTION 9

What name does Mishkinuse to describe the Fed's strategy prior to 2007?

	A.	Got milk?
	B.	No pain,no gain
	C.	Where's the beef?
	D.	Just do it

QUESTION 10

Which of the following is NOT a component of the Taylor rule?

	A.	Unemployment rate
	B.	Real GDP growth rate
	C.	Inflation rate
	D.	Real federal funds rate