The Fed's goals include
A) open market operations.
B) price level stability.
C) monetary base stability.
D) maintaining a low federal funds rate.

Question

Quizplus · Accepted Answer

The Fed's primary goals include price level stability, which involves controlling inflation to maintain the purchasing power of the currency. Open market operations, maintaining a low federal funds rate, and monetary base stability are tools or means to achieve its goals, not goals themselves.

The Fed's Goals Include