What are the objectives of monetary policy?

What will be an ideal response?

As set out in law, the objectives of monetary policy are to achieve "maximum employment, stable prices, and moderate long-term interest rates."

Economics

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Most entrepreneurs become extremely wealthy.

a. true b. false

Economics

In one day, Sue can change the oil on 20 cars or change the tires on 20 cars. In one day, Fred can change the oil on 20 cars or change the tires on 10 cars

Sue's opportunity cost of changing oil is ________ than Fred's and her opportunity cost for changing tires is ________ than Fred's. A) greater; less B) less; greater C) less; less D) greater; greater

Economics