To meet the requirements of the dual mandate, the Federal Reserve must promote which of the following? a. Price stability and maximum employment b. Rising living standards and maximum employment c. Price stability and rising stock market values d. Maximum employment and rising stock market values
To meet the requirements of the dual mandate, the Federal Reserve must promote which of the following? a. Price stability and maximum employment b. Rising living standards and maximum employment c. Price stability and rising stock market values d. Maximum employment and rising stock market values
Chapter15: Monetary Theory And Policy
Section: Chapter Questions
Problem 2.5P
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6. To meet the requirements of the dual mandate, the Federal Reserve must promote which of the following?
a. |
Price stability and maximum employment
|
|
b. |
Rising living standards and maximum employment
|
|
c. |
Price stability and rising stock market values
|
|
d. |
Maximum employment and rising stock market values
|
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