Which of the Following Is a Basic Goal of the Federal

question 54

Multiple Choice

Which of the following is a basic goal of the Federal Reserve System?

• A) full employment
• B) a balanced federal budget
• C) zero interest rates
• D) export promotion

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Definitions:

Constant

In mathematics and statistics, a fixed value that does not change within the scope of a given problem.

Interval

A range between two numbers or points, often used to specify a period of time or a statistical range.

Standard Normal Distribution

A specific probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.

Z-score

A metric that depicts how far a certain value stands from the mean of a collection of values, using the unit of standard deviations for measurement.