The fundamental objective of monetary policy is to assist the economy in achieving
A)a rapid pace of economic growth.
B)a money supply that is based on the gold standard.
C)a full-employment, noninflationary level of total output.
D)a balanced-budget consistent with full employment.

Question

Quizplus · Accepted Answer

Monetary policy primarily aims to achieve full employment and control inflation, ensuring a stable economic environment.

The Fundamental Objective of Monetary Policy Is to Assist the Economy