A Policy of Transparency in the Federal Reserve

question 56

Multiple Choice

A policy of transparency in the Federal Reserve:

• A) allows investors to sit in on Federal Reserve Board meetings.
• B) requires the Federal Reserve to act in specific ways in specific situations.
• C) requires the Federal Reserve to explain why it acted or chose not to act in a specific situation.
• D) allows Wall Street to audit the Federal Reserve books.

Calculate and interpret the simple rate of return on an investment.

Understand the basic principles of how data is structured and stored.

Recognize the importance and uses of Big Data in organizations.

Distinguish between byte and other units of data.

---

Definitions:

Incomes

refer to the earnings received by individuals or households, including wages, salaries, benefits, and returns from investments.

Equilibrium Price

The cost level at which the supply of products equals the demand for those products in the market.

Market Demand

The total amount of a product or service that all consumers in a market are willing and able to purchase at varying prices over a specified time period.

Market Supply

The total amount of a product or service that is available for purchase at any given price level in a market.