Multiple Choice
A 1977 amendment to the Federal Reserve Act of 1913
A) requires the Federal Reserve to place more weight on promoting price stability than on promoting maximum employment.
B) requires the Federal Reserve to place more weight on promoting maximum employment than on promoting price stability.
C) requires the Federal Reserve to place equal weight on promoting price stability and maximum employment.
D) says the Federal Reserve should promote price stability and maximum employment,but does not specify how the Federal Reserve should weight these goals.
Correct Answer:
Verified
Correct Answer:
Verified
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