ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The goals of moneytary policy do NOT include the promotion of ____
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Maximum employment
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Stable prices
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Moderate long-term interest rates
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Low taxes
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Explanation:
Detailed explanation-1: -The correct answer is A) fair wages. Fair wages are not a goal of monetary policy.
Detailed explanation-2: -The Federal Open Market Committee (FOMC) might decide to use expansionary monetary policy to provide stimulus for the economy. That is, the FOMC could lower its target range for the federal funds rate (FFR).
Detailed explanation-3: -“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”
There is 1 question to complete.