An Important Reason Why Unconventional Monetary Policy Was Kept Was

question 67

Multiple Choice

An important reason why unconventional monetary policy was kept was that the:

• A)inflation rate remained low.
• B)inflation rate remained high.
• C)short-term interest rate remained low.
• D)short-term interest rate remained high.

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Definitions:

Cocktail Party Effect

The ability to focus one's auditory attention on a particular stimulus while filtering out a range of other stimuli, as at a noisy gathering.

Change Blindness

An inability or failure to notice large changes in one's environment or in a visual stimulus when the change occurs simultaneously with a visual disruption.

Selective Inattention

The process by which an individual unconsciously chooses to ignore or disregard certain stimuli in their environment.

Alpha Waves

Brain waves detected by electroencephalography (EEG), associated with a state of relaxed alertness.