Question

Why is the fed sometimes said to have a​ "dual mandate"? the fed is said to have​ a" dual​ mandate" because

a. the employment act of 1946 empowers the fed to maintain low taxes and high employment.
b. the two most important goals of the fed are controlling inflation and the budget deficit.
c. the fed is entrusted by congress to maintain price stability and low taxes.
d. maintaining price stability and high employment are the two most important goals of the fed that are explicitly mentioned in the employment act of 1946?

Answer 1

Federal Reserve is sometimes said to have a “dual mandate” because of letter D which is, maintaining price stability and high employment are the two most important goals of the fed that are explicitly mentioned in the employment act of 1946.