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The "Dual Mandate" Refers to The

Question 97

Multiple Choice

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) role that the Fed has by being a governmental agency but also must act in the best interest of all citizens of the United States.

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