Why are these appropriate goals for monetary policy


Problem

Your day as chair of the Fed

Suppose you are appointed to chair the Federal Reserve. Your twin goals are to maintain low inflation and to stabilize economic activity - that is, to keep output at potential. Why are these appropriate goals for monetary policy?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why are these appropriate goals for monetary policy
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