Over the last 10 years the Federal Reserve has substantially changed the way it operates. What is different about how the Federal Reserve now conducts policy? a) It is more secretive about interest rate and other policy changes b) it gives the public forward guidance on what it will do c) it places fewer regulations on commercial banks d) it discuesses its policy in public and asks for guidance from Congress

MACROECONOMICS
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Chapter14: The Financial Crisis And The Great Recessio
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Over the last 10 years the Federal Reserve has substantially changed the way it
operates. What is different about how the Federal Reserve now conducts policy?

a) It is more secretive about interest rate and other policy changes

b) it gives the public forward guidance on what it will do

c) it places fewer regulations on commercial banks

d) it discuesses its policy in public and asks for guidance from Congress

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