Which of the Following Is Probably Not a Goal the Fed

question 41

Multiple Choice

Which of the following is probably not a goal the Fed is trying to achieve consistently?

• A)low inflation
• B)high interest rates
• C)steady GNP growth
• D)low unemployment

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Definitions:

Constant Rate

A fixed or stable rate that does not change over a specified period of time.

Test A Computer

The process of running various diagnostics and performance evaluations on a computer to ensure it operates correctly and efficiently.

Production Possibilities Frontier

A curve depicting the maximum attainable combinations of two products that a society can produce with available resources and technology.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs, representing the trade-offs between the two commodities.