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NEW QUESTION: 1
Assume the neutral rate of interest is considered to be 4.5% at the moment. The current interest rate is at 6%. The central bank decides to lower the interest rate to be 5.5%. The central bank's current monetary policy is:
A. expansionary.
B. contractionary.
C. cannot determine.
Answer: B
Explanation:
The policy is still contractionary, although the central bank is going to lower the interest rate.
If its policy rate is higher than the neutral rate then the policy is contractionary; if it's lower then it is expansionary.
NEW QUESTION: 2
What is the value of X+Z?
(1) X+Y=11
(2) Z+Y=13
A. Statements (1) and (2) TAKEN TOGETHER are NOT sufficient to answer the question, requiring more data pertaining to the problem.
B. Either statement BY ITSELF is sufficient to answer the question.
C. Statement (1) BY ITSELF is sufficient to answer the question, but statement (2) by itself is not.
D. Statement (2) BY ITSELF is sufficient to answer the question, but statement (1) by itself is not.
E. Statements (1) and (2) TAKEN TOGETHER are sufficient to answer the question, even though NEITHER statement BY ITSELF is sufficient.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Each statement alone leaves out one of the terms x or z, so we cannot find their sum using any statement alone. Moreover, even combining both statements does not help:
x+y=11y+z=13
y=11-xy=13-z
11-x=13-z
z-x=13-11
It is only possible to find z-x.
NEW QUESTION: 3
Which two strategies are used to protect personally identifiable information? (Choose two.)
A. Encrypt data at rest.
B. Encrypt data in transit.
C. Only hash usernames and passwords for efficient lookup.
D. Only encrypt usernames and passwords for efficient lookup.
E. Encrypt hash values of data.
Answer: A,B
Explanation:
Encryption of data in transit and Data at rest is the way to go for all the choices provided.