The key goal of monetary policy is to
A) reverse the productivity growth slowdown.
B) keep the budget deficit small and/or the budget surplus large.
C) lower taxes.
D) maintain low inflation.

Question

Quizplus · Accepted Answer

The primary goal of monetary policy, typically implemented by a country's central bank, is to maintain low and stable inflation. This helps in preserving the purchasing power of the currency and fostering a stable economic environment.

The Key Goal of Monetary Policy Is to