Share
Explore BrainMass

full employment

When the economy is close to or at full employment why is it difficult for the Fed to decide whether or not to change its interest rate target in the federal funds market?

Solution Preview

In case the economy is close to full employment it is difficult for the Fed to decide whether or not to change the target Federal Funds rate since one of the stated goals of the Fed is to maintain ...

Solution Summary

Effects of full employment are presented.

$2.19