Technically, the ECB has a dual mandate of price stability and support of the European economies; but in practice, it seems to favor ______ over ______.

Question

Quizplus · Accepted Answer

The ECB's dual mandate is actually price stability and support of the European economies. However, in practice, it appears to prioritize price stability over economic performance, growth, and employment, as evidenced by its emphasis on inflation targets and quantitative easing measures.

Technically, the ECB Has a Dual Mandate of Price Stability