The "dual mandate" refers to the:
A) twin responsibilities of the Federal Reserve,to use monetary policy to ensure price stability and maintain full employment.
B) orders given to both the Federal Reserve and the Treasury department to ensure price stability.
C) responsibility given to the Federal Reserve and the Congress to conduct monetary and fiscal policy respectively,to ensure price stability.
D) None of these is true.
Correct Answer:
Verified
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A) is fairly independent of
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A)includes all regional
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A)selected
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Q92: The twin responsibilities of the Federal Reserve
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A)the Board
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