Suppose that a new Central Bank’ chair is appointed and his/her approach to monetary policy is that he/she only cares about increasing employment since the inflation rate is remain low and stable. He/she wants to prioritize more on using accommodative monetary policy to promote employment. How would you expect the monetary policy curve to be affected, if at all?

MACROECONOMICS FOR TODAY
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ISBN:9781337613057
Author:Tucker
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Chapter16: Monetary Policy
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Suppose that a new Central Bank’ chair is appointed and his/her approach to monetary policy is that he/she only cares about increasing employment since the inflation rate is remain low and stable. He/she wants to prioritize more on using accommodative monetary policy to promote employment. How would you expect the monetary policy curve to be affected, if at all?
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