The Operating Band Is

question 81

Multiple Choice

The operating band is

• A)the interest rate that is established through an open market operation.
• B)the target overnight interest rate plus or minus 25 basis points.
• C)the target inflation rate plus or minus a quarter of a percentage point.
• D)a half percentage point range in the target inflation rate.
• E)the range between the lending rate and the borrowing rate.

---

Definitions:

People Skills

The ability to communicate, interact, and work well with others.

Workforce Diversity

The inclusion of individuals from various backgrounds, cultures, ages, genders, and abilities in a company's workforce, enhancing creativity and innovation.

Communicate

The process of sharing or exchanging information, ideas, or feelings through speech, writing, or other forms of expression to achieve understanding.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.