The chief objective of the European Central Bank is ____ in the countries of the eurozone.
A) maintaining low unemployment
B) ensuring that budget deficits do not exceed certain limits
C) maintaining price and currency stability
D) none of the above

Question

Quizplus · Accepted Answer

The European Central Bank's primary objective is to maintain price and currency stability in the countries that use the euro as their currency. This means keeping inflation low and stable, and ensuring the value of the euro remains steady. While the ECB may take into consideration broader economic goals such as employment and budget deficits, these are secondary objectives that must be balanced against the primary objective of price stability.

The Chief Objective of the European Central Bank Is ____