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Which of the following statements is true regarding the trade-off faced by central banks? Question 38 Answer a. Central banks must choose between price stability

Which of the following statements is true regarding the trade-off faced by central banks? Question 38 Answer a. Central banks must choose between price stability and maximum employment. b. Central banks prioritize economic growth over inflation control. c. The European Central Bank (ECB) focuses primarily on maintaining price stability. d. Frictional unemployment is considered undesirable in a dynamic economy

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