The Federal Reserve System's four monetary policy goals are
A) low government budget deficits, low current account deficits, high employment, and a high foreign exchange value of the dollar.
B) price stability, low government budget deficits, low current account deficits, and a low rate of bank failures.
C) price stability, high employment, economic growth, and stability of financial markets and institutions.
D) a low rate of bank failures, high reserve ratios, price stability, and economic growth.
C
You might also like to view...
What are the arguments against the redistribution of income?
What will be an ideal response?
On any given day we know a salesman can earn $0 with a 30% probability, $100 with a 20% probability or $300 with 40% probability. His expected earnings equal
A) $0. B) $140. C) $300. D) It cannot be determined from the available information.