Looking forward in the 21st century, the changing operations of the Fed will, in all likelihood, place greater emphasis upon which of the following?
A)greater freedom for small businesses
B)a convertible gold standard
C)lower interest rates to stimulate welfare reform
D)greater international coordination of policies among central banks

Question

Quizplus · Accepted Answer

As the global economy becomes increasingly interconnected, the Fed is likely to focus more on coordinating its policies with other central banks around the world. This will enable better management of cross-border economic issues and promote greater stability in the global financial system.

Looking Forward in the 21st Century, the Changing Operations of the Fed