Which of the Below Statements Is FALSE

Multiple Choice

Which of the below statements is FALSE?

A) An important source of inflation is an economic shock in the supply of a crucial material, such as the oil shocks of the 1970s, which affected almost all countries.
B) It is important to realize that high employment is one of the Fed's goals because, in certain circumstances, the Fed's policy can indirectly influence the level of employment.
C) Given that zero unemployment is not a feasible aim, the appropriate goal of the Fed and other governmental policy makers is actually a high level of employment.
D) Stability in the price level is a secondary goal of the Fed.