Price level stability and high employment

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In chapter 11 three goals of monetary policy were discussed including: price level stability, high employment, and financial market stability. If you were in charge of the Fed:

Rank the goals in order of priority.

1. Which one of these goals would you be most concerned about achieving?

2. Explain why do you think it is more important than others.

3. Can these goals be achieved simultaneously or is there a trade-off among them?

Reference no: EM133353090

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