What does it mean if a traffic light is flashing yellow?

A flashing yellow traffic light indicates that drivers should proceed with caution. It signals that while the intersection is clear, there may be potential hazards or the presence of pedestrians and other vehicles that require careful observation. Drivers should slow down, look around, and be prepared to yield if necessary, especially if any vehicles or individuals might be entering or crossing their path.

The other options do not accurately reflect the meaning of a flashing yellow light. For instance, stopping completely is not required, nor is there a need to yield or speed up. Instead, the focus is on maintaining vigilance and ensuring safe passage through the intersection while proceeding with caution.