PEN-AL snap quiz

[Timework Web]

1. The Federal Reserve Board Open Market Committee has been disolved and
replaced by a junta of Pen-l subscribers (Alan Greenspan has been
retained as chair, though). On tuesday the FOMC will meet to set the fed
funds rate. What would you do and why? The choices are:

a) no change in the rate
b) .25 point increase
c) .5 point increase


Tom Walker