In Order to Maintain Stable Prices, the Central Bank Must

question 64

Multiple Choice

In order to maintain stable prices, the central bank must:

• A) be more accountable to the public
• B) maintain strict control over the money supply
• C) hire more economists

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Definitions:

Mental Development

The process of growth and changes in intellectual, emotional, and social abilities and capacities throughout life.

Temperament

A person's or animal's nature, especially as it permanently affects their behavior.

Emotional Reactivity

The intensity and speed at which an individual experiences emotions in response to stimuli; can vary greatly among individuals.

Infant

A very young child or baby, typically under one year of age.