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Unlike the policy mandate of the European Central Bank, the mandate of the Federal Reserve System...

Unlike the policy mandate of the European Central Bank, the mandate of the Federal Reserve System also includes Select one:

a. Price stability

b. Maximum employment

c. Balanced budgets

d. Options a and b

e. Options a and c

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Answer #1

"D"

The mandate of the Federal reserve bank include price stability and maximum employment in the market. the answer is "D".

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