The Price Stability Strategy During the 1980s

question 6

Multiple Choice

The price stability strategy during the 1980s

• A) was a reaffirmation of Keynesian principles.
• B) asserts that the only proper objective of monetary policy was to achieve and maintain a very low and stable rate of inflation.
• C) asserts that the only proper objective of monetary policy was to achieve and maintain a very high but stable rate of inflation.
• D) asserts that the only proper objective of monetary policy was to achieve and maintain a very low even if unstable rate of inflation.
• E) occurred first in Switzerland.

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Ida B. Wells-Barnett

An African American journalist, educator, and early leader in the Civil Rights Movement, known for her campaign against lynching.

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The National Association for the Advancement of Colored People, an organization established to fight for the civil rights of African Americans.