The Primary Objective of the Monetary Policy of the Fed

question 60

Multiple Choice

The primary objective of the monetary policy of the Fed should be

• A) low rates of unemployment.
• B) the growth rate of real GDP.
• C) the achievement of price stability.
• D) the regulation of financial institutions.

---

Definitions:

Achievement-Oriented

A personality characteristic defined by a strong desire to accomplish significant goals or meet high standards of success.

Career Goals

Long-term professional objectives an individual aims to achieve, often involving a series of steps or milestones in a chosen field.

Peer Importance

Peer Importance is the significance and influence that peers and social groups have on an individual's attitudes, behavior, and personal development, particularly during adolescence.

Socializing Children

The process by which children learn the norms, values, behaviors, and social skills appropriate to their society.