The Means for Assuring Accountability and Transparency

question 5

Multiple Choice

The means for assuring accountability and transparency:

• A) may differ across the central banks of different countries.
• B) are the same for all successful central banks.
• C) involve setting specific numerical targets so there is no confusion as to what the goal is.
• D) are opposite to each other; increasing one means decreasing the other.

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Definitions:

Sensory Memory

The shortest-term element of memory, which allows individuals to retain impressions of sensory information after the original stimuli have ended.

Cognitive Abilities

The mental capabilities that encompass reasoning, memory, understanding, problem-solving, and decision-making.

Encoding

The initial process of converting information into a form that can be stored in memory.

Semantic Code

A cognitive system used for understanding and producing language, particularly in terms of meaning and relationships between words.