Examlex
What are the two types of reaction measures that are usually used in a training evaluation?
Board of Governors
refers to the leading body or group of individuals overseeing the operations and policy-making of an organization, such as a central bank.
Monetary Policy
The macroeconomic policy laid down by the central bank involving management of money supply and interest rate to control inflation, consumption, growth, and liquidity.
Rational Expectations
The hypothesis that individuals form forecasts of future events based on past and current information in a consistent and unbiased manner.
Discretionary Policy
Refers to economic strategies and actions, such as changes in tax rates or government spending, opted by the government to manage the economy.
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