Why does the Fed pay such close attention to GDP if its mandate is to promote maximum

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Why does the Fed pay such close attention to GDP if its mandate is to promote maximum employment while keeping prices stable?

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Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

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Question Posted: Feb 20, 2024 01:00 AM

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Why does the Fed pay such close attention to GDP if its mandate is to promote maximum

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The Federal Reserve Fed pays close attention to GDP because it is a key indicator of both employment ...View the full answer

Principles Of Economics

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