In November 2007, the Fed announced major enhancements to its communication strategy. Which of the following was a part of the changes?
A) The forecast horizon for the FOMC's projections was extended from two calendar years to three.
B) The committee publishes FOMC projections four times a year instead of twice a year.
C) The release would include a narrative of the forces shaping the outlook and risks to that outlook.
D) All of the above were proposed changes.
Correct Answer:
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