Keeping Interest Rates Stable Is

question 102

Multiple Choice

Keeping interest rates stable is:

• A) the most important goal for a central bank.
• B) a key goal, because stable interest rates will result in all other goals being achieved.
• C) a secondary goal for central banks.
• D) not a goal of the central bank.

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Definitions:

Normative Influence

The influence of other people that leads us to conform in order to be liked and accepted by them.

Idiosyncrasy Credits

A theoretical currency individuals earn by conforming to group norms; these credits give the individual leeway to deviate from norms at later points without facing negative repercussions.

Membership Fee

The amount of money required to join an organization, club, or group.

Sociometric Rankings

Measurement of social relationships, usually through surveys or observations, to determine social preferences, choices, and group structures.