Which of the Following Is a Goal of Monetary Policy

question 545

Multiple Choice

Which of the following is a goal of monetary policy?

• A) promote faster long- term economic growth
• B) keep inflation in check
• C) maintain full employment
• D) All of the above answers are correct.

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Definitions:

Marxian

Related to the theories and writings of Karl Marx, especially with respect to his analysis of society, politics, and economics.

Capitalist Economy

An economic system where trade, industries, and the means of production are largely or entirely owned and operated by private individuals or businesses aiming for profit.

Diametrically Opposed

Completely opposite or contradictory; indicating two things that are as different from each other as possible.

Conflict Theory

A theoretical framework in sociology that emphasizes the role of power differentials and social conflicts in contributing to social inequality and change.