The official policy position of the ECB is that
A) stable prices should be its most important goal.
B) economic growth is necessary for monetary stability.
C) economic growth should be balanced against the control of inflation.
D) rising prices will benefit the weaker economies.
E) all of these objectives should be pursued.

Question

Quizplus · Accepted Answer

The official policy position of the ECB is that stable prices should be its most important goal. This is known as the ECB's primary mandate, which means that price stability is of utmost importance and takes priority over other objectives such as economic growth.

The Official Policy Position of the ECB Is That