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Which of the following is NOT one of the primary goals of the Federal Reserve's monetary policy?
to reduce the fodoral doficit


Sagot :

A monetary policy basically refers to those policy used to control of the quantity of money available and channels through which new money is supplied.

Through the monetary policy, the Federal Reserve can maintain stable prices, thus, creating a long-term economic growth and maximum employment.

The main goals of the monetary policy of Federal reserve includes;

  • promotion of maximum employment
  • stabilization of price
  • moderating long-term interest rates

Read more about monetary policy

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