The Fed's First Forward Guidance in 2009 Was Framed in Terms

question 61

Multiple Choice

The Fed's first forward guidance in 2009 was framed in terms of keeping interest rates low

• A)for an extended period.
• B)at least until a particular date in the future.
• C) based on outcomes for the unemployment rate and inflation rate.
• D)until the next Presidential election.

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Definitions:

Acid-Test Ratio

A financial metric that measures a company’s ability to pay off its current liabilities with its quick assets (cash, marketable securities, and receivables).

Financial Data

Quantitative information about an entity's financial performance, including balance sheets, income statements, and cash flow statements.

Current Ratio

A financial metric that evaluates a corporation's capacity to meet its obligations due within a year by comparing its current assets to its current liabilities.

Financial Data

Information related to the financial activities of an entity, including income statements, balance sheets, cash flow statements, and more.