The Humphrey-Hawkins Act requires the Fed to promote
A)stable prices.
B)maximum employment.
C)moderate long-term interest rates.
D)all of the above
E) none of the above

Question

Quizplus · Accepted Answer

The Humphrey-Hawkins Act requires the Fed to pursue three major goals: stable prices (low inflation), maximum employment (low unemployment), and moderate long-term interest rates. Therefore, the correct choice is D, which includes all of the above goals.

The Humphrey-Hawkins Act Requires the Fed to Promote