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Social Studies, 01.05.2022 21:10 maddyf7253

Which statement best describes the Federal Reserve's current level of transparency to the American public? The actions of the Fed are largely carried out in secrecy with little regard to public transparency.

The Fed is somewhat transparent with regard to some aspects of monetary policy, but does not disclose details regarding macroeconomic conditions and goals.

The Fed only reports to the American public during periods of economic slow down.

The Fed is extremely transparent with regard to monetary policy and discloses goals, targets, and predictions for the macroeconomy.

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