The Fundamental Objective of Monetary Policy Is to Assist the Economy

question 172

Multiple Choice

The fundamental objective of monetary policy is to assist the economy in achieving:

• A) A rapid pace of economic growth
• B) A money supply which is based on the gold standard
• C) A full-employment, noninflationary level of total output
• D) A balanced-budget consistent with full-employment

---

Definitions:

Obsessive-Compulsive Disorder

A mental health disorder characterized by recurring, unwanted thoughts (obsessions) and repetitive behaviors (compulsions) that the individual feels driven to perform.

Panic Disorder

A mental health condition characterized by sudden and repeated episodes of intense fear accompanied by physical symptoms.

Anxiety Disorders

A group of mental health disorders characterized by significant fear and anxiety that impair social, occupational, or other important areas of functioning.

Stress

Any circumstances that threaten or are perceived to threaten one’s well-being and thereby tax one’s coping abilities.