The Primary Objective of the ECB Is To

question 76

Multiple Choice

The primary objective of the ECB is to:

• A) promote economic growth.
• B) promote full employment.
• C) foster an equitable distribution of income.
• D) maintain price stability.

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Definitions:

Potent Source

An influential and powerful origin or foundation for information, motivation, or authority.

Psychological Reaction

The mental and emotional response of an individual to a particular situation, event, or stimulus.

Inherent

Intrinsic or natural characteristics that are permanently embedded within an entity or individual.

Type A

A behavioral pattern characterized by high levels of competitiveness, self-imposed stress, impatience, aggressiveness, and a sense of urgency.