The so-called “dual monetary policy mandate” of the Federal Reserve calls for setting conditions conducive to: (a) best stock market performance and lowest interest rates;  (b) maximum sustainable real economic growth and highest stock market performance; (c) maximum employment and price stability; (d) maximum money supply growth and a safe and sound banking system.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter6: Government Influence On Exchange Rates
Section: Chapter Questions
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The so-called “dual monetary policy mandate” of the Federal Reserve calls for setting conditions conducive to:

(a) best stock market performance and lowest interest rates; 

(b) maximum sustainable real economic growth and highest stock market performance;

(c) maximum employment and price stability;

(d) maximum money supply growth and a safe and sound banking system.

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