The Federal Reserve, Like Other Central Banks, Considers the Role

Multiple Choice

The Federal Reserve, like other central banks, considers the role of monetary policy to be one of

A) maintaining low and stable inflation.
B) achieving a targeted level of real GDP and unemployment over the long run.
C) maintaining a constant level of long-run monetary growth, thus keeping inflation in check.
D) influencing real GDP and unemployment in the short run.
E) both a and d.