Either a Dual or Hierarchial Mandate Is Acceptable as Long

question 31

Multiple Choice

Either a dual or hierarchial mandate is acceptable as long as ________ is the primary goal in the ________.

• A)price stability;short run
• B)price stability;long run
• C)reducing business-cycle fluctuations;short run
• D)reducing business-cycle fluctuations;long run

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Definitions:

Crystallized Intelligence

The capacity to apply acquired knowledge and past experiences.

Fluid Intelligence

The capacity to reason and solve novel problems, independent of any knowledge from the past.

Genetic Abilities

Traits or capacities that an individual inherits from their parents through genes.

Numerical Ability

The capability to perform mathematical operations and understand, manipulate, and solve numerical problems.