Question: earning.com / courses / 5 c 4 c 4 5 8 8 - e 4 7 d - 4 4 3 d - a 0
earning.comcoursescceddabbabsbtoolsassessmentitemsbddefeeabb
What are the goals of monetary policy according to the amended Federal Reserve Act?
maximum employment, stable prices, and moderate long term interest rates
no unemployment, stable prices, and moderate long term interest rates
no unemployment, no inflation, and moderate long term interest rates
maximum employment and no inflation
The Federal Reserve is charged with achieving thes: goals by
keeping the monetary base stable with little or no growth.
keeping the growth rate of money and loans consistent with the growth rate of potential GDP
keeping interest rates as low as possible.
choosing between maximum employment and stable prices in the long run.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
