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What is the objective of monetary policy? Question content area bottom Part 1 A. To keep the unemployment rate below 5 percent B. To keep
What is the objective of monetary policy?
Question content area bottom
Part 1
A.
To keep the unemployment rate below 5 percent
B.
To keep real GDP growth above 3 percent a year
C.
To control the quantity of money and interest rates to avoid inflation and , when possible, prevent excessive swings in real GDP growth and unemployment
D.
To keep the interest rate below 4 percent a year
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