What Is the Dual Mandate

question 24

Multiple Choice

What is the dual mandate?

• A) The Federal Reserve's two responsibilities to ensure price stability and to maintain full employment.
• B) The orders given to both the Federal Reserve and the Treasury department to ensure price stability.
• C) The responsibility of the Federal Reserve and Congress to conduct monetary and fiscal policy.
• D) The dual role that the Fed plays by being a governmental agency that also must act independently.

---

Definitions:

Epicardium

The outermost layer of the heart's wall, composed of connective tissue and fat, providing protection and contributing to the heart's lubricative fluid.

Four-Chambered

Refers to the structure of the heart, which consists of four chambers: two atria and two ventricles.

Pulmonary Veins

Blood vessels that carry oxygenated blood from the lungs back to the left atrium of the heart.

Fibrous Pericardium

The outer layer of the heart's pericardium, consisting of tough connective tissue that protects the heart and anchors it within the chest.