Question

​"If the demand for reserves did not​ fluctuate, the Fed could pursue both a reserves target and an​ interest-rate target at the same​ time." Is this statement​ true, false, or​ uncertain? Explain your answer.

Answer 1

The statement is True

Step-by-step explanation:

The target interest rate would have a set level of reserves and it can only change if the Fed is desired.