If Inflation Is Very High, Say 50 or 100 Percent

question 78

Multiple Choice

If inflation is very high, say 50 or 100 percent a year, monetary policymakers wishing to lower it will shift their focus to controlling:

• A) the long-term interest rate.
• B) the short-term interest rate.
• C) the exchange rate.
• D) money growth.

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Definitions:

Horizontal Communication

The exchange of information, ideas, and messages between peers or colleagues at the same level within an organization.

Communicator

An individual or entity that conveys information or expresses ideas through various means of communication, such as speaking, writing, or gestures.

Semantic Filters

Information processing mechanisms that selectively interpret and give meaning to communication based on personal experiences and knowledge.

Attitudes

A settled way of thinking or feeling about something, typically reflected in a person's behavior.