When Central Bankers Are Acting Preemptively They Are

question 41

Multiple Choice

When central bankers are acting preemptively they are:

• A) letting markets work and taking a wait and see approach.
• B) aggressively trying to hit a zero inflation target.
• C) usually focused on reducing expansionary gaps.
• D) taking bold steps to stabilize the economy.

---

Definitions:

Schizophrenia

A serious mental disorder characterized by disruptions in thought processes, perceptions, emotional responsiveness, and social interactions.

Splitting

A defense mechanism often associated with borderline personality disorder, involving an inability to integrate positive and negative aspects of oneself or others into a cohesive whole.

Schizoaffective Disorder

Disorder in which individuals simultaneously experience schizophrenic symptoms (i.e., delusions, hallucinations, disorganized speech and behavior, and/or negative symptoms) and mood symptoms meeting the criteria for a major depressive episode, a manic episode, or an episode of mixed mania/depression.

Mood Disorder

A category of mental disorders involving persistent disturbances in a person’s mood or emotional state.