Which Is the MOST Credible Monetary Policy Action

Which is the MOST credible monetary policy action?

A) The central bank makes policy actions in secret to avoid speculation.
B) The central bank attempts to confuse the public by changing its policy stance frequently.
C) The central bank announces its policy in public and sticks with the policy over time.
D) The central bank does nothing to the economy regardless of any economic shock.

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free