he bullseye chart, developed by the Federal Reserve Bank of Chicago, is a visual comparison of the current state of the economy with the Fed's dual mandate of full employment and stable prices. A point representing actual unemployment and inflation is plotted on the chart and can be visually compared to the Fed's target point.
a. If the current point lies to the ________ of the center of the bullseye, the Fed's stance on monetary policy will be clear.
northeast or southwest
northwest or southwest
northeast or southeast
northwest or southeast
b. If the current point lies to the ________ of the center of the bullseye, the state of the economy will suggest opposite monetary policy stances.
northwest or southeast
northwest or southwest
northeast or southwest
northeast or southeast