InterviewSolution
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Ideally, What Should Be The Goal Of The Federal Reserve's Monetary Policy? |
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Answer» The Federal Reserve's monetary policy should support a growing economy but should not adversely AFFECT the general LEVEL of prices. PUT another way, the Federal Reserve should constantly strive to maintain an amount of money and credit that meet the economy's NEED for cash and credit, but at LEVELS that do not cause inflation. The Federal Reserve's monetary policy should support a growing economy but should not adversely affect the general level of prices. Put another way, the Federal Reserve should constantly strive to maintain an amount of money and credit that meet the economy's need for cash and credit, but at levels that do not cause inflation. |
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