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:

Conflict of Interest

A situation in which a person's personal interests could improperly influence the performance of their professional duties or responsibilities.

Unethical Behavior

Actions that fall outside of what is considered morally right or proper for a person, a profession, or an industry standards.

Best Interests

A principle that emphasizes making decisions that are most beneficial to those affected, considering their needs and well-being.

Postconventional Stage

A level of moral development where individuals make ethical choices based on universal principles and internalized moral codes, beyond societal norms.