The Operating Band Is

question 81

Multiple Choice

The operating band is

• A)the interest rate that is established through an open market operation.
• B)the target overnight interest rate plus or minus 25 basis points.
• C)the target inflation rate plus or minus a quarter of a percentage point.
• D)a half percentage point range in the target inflation rate.
• E)the range between the lending rate and the borrowing rate.

---

Definitions:

Cognitive Restructuring

A psychological technique aimed at identifying and changing negative or irrational thoughts and beliefs.

Regeneration

The process of renewal, restoration, or growth, especially after being damaged or lost, applicable in biological, ecological, and urban contexts.

Significant-other Organization

Organizations or establishments that play a crucial role in the life or operations of another person or organization.

Intergenerational Group

A group composed of members from different generations, enabling the exchange of knowledge, values, and cultural practices across ages.