Assume a majority of governors are reluctant to increase interest rates to fight inflation for fear of causing too much unemployment in the short run. how is this situation most likely to affect the fed's credibility? a. if the board of governors has less "conservative" preferences than the public, it will be less tempted to pursue expansionary monetary policy and hence increase the fed's credibility. b.this could be troublesome for the fed's credibility, as it might require more-than-necessary increases in interest rates to show the public that the fed still focuses on fighting inflation. c.the public's expectations about future inflation rates will increase and the fed will focus more on fighting inflation, increasing the fed's credibility. d.this could be favorable for the fed's credibility, as it might require less-than-necessary increases in interest rates to show the public that the fed's priority on fighting inflation remains intact.

Read the overview below and complete the activities that follow.apartment complexes often look for ways to recruit new tenants and retain current tenants. although apartment complexes offer the tangible benefit of shelter to their tenants, many apartment complexes also offer additional services to tenants to encourage tenants to stay or to support the rent prices. the following scenario identifies the several service gaps of a company that runs an apartment complex as well as solutions for reducing these service gaps.concept review: customers have certain expectations about how a service should be delivered. a service gap occurs when the delivery of a service fails to meet customer expectations. there are four types of service gaps: knowledge gap, standards gap, delivery gap, and the communications gap. it is important for marketers to identify these gaps and develop strategies for minimizing them.match the example or solution to the appropriate service gap category.1. wait for repairs 5. train employees well2. understand expectations 6. incentives for tenants3. do not overpromise 7. family movie night4. empower employees 8. delayed lawn careservice gap example solutionknowledge gap standards gap delivery gap communication gap