Even if the Fed could completely control the money supply,monetary policy would have critics because
A)the Fed is asked to achieve many goals,some of which are incompatible with others.
B)the Fed's goals do not include high employment,making labor unions a critic of the Fed.
C)the Fed's primary goal is exchange rate stability,causing it to ignore domestic economic conditions.
D)it is required to keep Treasury security prices high.

Question

Quizplus · Accepted Answer

Even if the Fed had complete control over the money supply, it would still face criticism because it is mandated to achieve many competing goals, such as price stability, full employment, and maintaining moderate long-term interest rates. These goals may conflict with each other and can be challenging to balance simultaneously. As a result, the Fed will still face criticism from various groups that believe it is not pursuing the appropriate objectives.

Even If the Fed Could Completely Control the Money Supply,monetary