The Fed's Forward Guidance in 2011 and Early 2012 Was

question 111

Multiple Choice

The Fed's forward guidance in 2011 and early 2012 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.

Determine when to reject or not reject the null hypothesis based on p-values and significance levels (alpha values).

Interpret the significance levels and what p < .01 and p < .05 imply about the data.

Calculate and interpret the standard error of the mean.

Formulate null and alternative hypotheses based on research questions.

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