A central bank that is explicit about its goals and plans is said to be
A)obvious.
B)transparent.
C)translucent.
D)opaque.

Question

Quizplus · Accepted Answer

A central bank that is transparent is open about its objectives and strategies, providing clear and accessible information to the public. This helps to improve the predictability and credibility of its actions, which can positively impact market expectations and outcomes.

A Central Bank That Is Explicit About Its Goals and Plans