Since financial crises can impart severe damage to the economy, a central bank's primary goal should be

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"Since financial crises can impart severe damage to the economy, a central bank's primary goal should be to ensure stability in financial markets." Is this statement true, false, or uncertain? Explain.

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 03, 2017 04:03 AM

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Since financial crises can impart severe damage to the economy, a central bank's primary goal should be

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Uncertain Most economists probably would not dispute that tryi...View the full answer

The Economics of Money Banking and Financial Markets

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