The mandate for the monetary policy goals that has been given to the European Central Bank is an example of a ________ mandate.
A)primary
B)dual
C)secondary
D)hierarchical

Question

Quizplus · Accepted Answer

The European Central Bank (ECB) has a hierarchical mandate, with the primary objective being price stability, and other objectives considered secondary, thus making it a hierarchical mandate.

The Mandate for the Monetary Policy Goals That Has Been