If the Fed Followed Through on Plans to Be More

question 3

Multiple Choice

If the Fed followed through on plans to be more open to and more quickly provide the public with information about monetary policy,then we would expect to see

• A)the impact of the money supply on output would get stronger.
• B)the Fed would not have any power over output in the future.
• C)the impact of the money supply on output would get weaker.
• D)information does not affect output.

---

Definitions:

High-context

A communication style where much of the information is understood through context, non-verbal cues, and between-the-lines reading, rather than stated explicit content.

Inferred

Concluded or derived as a judgment based on evidence or reasoning rather than being stated explicitly.

Corporate

Pertaining to corporations, typically referring to business entities or their activities, culture, and structures.

Diversity

Refers to the inclusion of different types of people (such as people of different races, cultures, genders, etc.) in a group or organization.