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 refers to maintaining low and stable inflation rates over time. This is achieved by adjusting interest rates, controlling the money supply, and implementing monetary policies. While other objectives such as low unemployment, a strong domestic currency, and high securities prices may be important, they are not the primary objective of central banks.

The Primary Objective of Most Central Banks in Industrialized Economies