What is the Federal Reserve's dual mandate?
Maximizing employment and stabilizing prices
Controlling inflation and promoting economic growth
Regulating banks and managing government debt
Issuing currency and setting monetary policy
Answer
The Federal Reserve's dual mandate refers to its two main objectives: maximizing employment and stabilizing prices. These goals help guide the Fed's monetary policy decisions and ensure a stable economy.
Federal Reserve System Superfan Quiz: 20 Questions to separate the real fans from the posers
More Questions
What publication does the Federal Reserve release that provides insights into regional economic conditions?
What is the name of the database provided by the Federal Reserve for economic research?
In 2020, how much did the Federal Reserve remit to the U.S. Treasury?
What event primarily led to the creation of the Federal Reserve?
Which of these is NOT a responsibility of the Federal Reserve?
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