Multiple Choice
Which of the following statements is correct,concerning price stability as a monetary goal?
A) In the long run, no inconsistency exists between the price stability goal and the other goals, such as high unemployment.
B) In the short run price stability often conflicts with the goals of high employment and interest-rate stability.
C) Neither A nor B is true.
D) Both A and B are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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