The primary objective of most central banks in industrialized economies is:

Question

Quizplus · Accepted Answer

The primary objective of most central banks in industrialized economies is price stability, which means controlling inflation and keeping prices stable over time. This is important for promoting economic growth and maintaining the purchasing power of the currency. While low unemployment and a strong domestic currency are important factors, they are not usually the primary objective of the central bank. High securities prices may be a desirable outcome for investors but are not the primary objective of the central bank.

The Primary Objective of Most Central Banks in Industrialized Economies