Which of the Following Statements Is True

question 29

Multiple Choice

Which of the following statements is true?

• A) While the Fed emphasizes money growth more than the ECB, both central banks have chosen interest rates as their operating target.
• B) While the Fed emphasizes money growth less than the ECB, both central banks have chosen interest rates as their operating target.
• C) Because the Fed emphasizes money growth less than the ECB, the Fed uses interest rates as their operating target while the ECB looks at growth in money aggregates.
• D) Both the Fed and the ECB use growth in money aggregates as their operating target.

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Definitions:

Policy Advocate

A policy advocate is a person who actively supports and promotes specific policies or legislative changes, seeking to influence public opinion or decision-making processes in favor of those policies.

Using Data

The practice of employing facts and statistics collected together for reference or analysis to inform decisions or understand patterns.

Direct-Service Staff

Employees or workers who provide front-line services or support directly to clients or beneficiaries in various sectors, such as healthcare, social services, or education.

Agenda Building

The process by which issues, problems, and solutions become recognized and accepted as part of the political agenda for action by policymakers.