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The "dual mandate" of the Federal Reserve refers to which of the following goals?Ato lower unemployment and lower taxesBto lower taxes and increase government revenueCto maximize employment and stabilize pricesDto increase inflation while increasing employment

Question

The "dual mandate" of the Federal Reserve refers to which of the following goals?Ato lower unemployment and lower taxesBto lower taxes and increase government revenueCto maximize employment and stabilize pricesDto increase inflation while increasing employment

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Solution

The "dual mandate" of the Federal Reserve refers to the goal to maximize employment and stabilize prices. So, the correct answer is C.

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