Final answer:
The Federal Reserve has multiple economic goals, but one goal that is not true is striving to keep the price level steady.
Step-by-step explanation:
The Federal Reserve has multiple economic goals, but one goal that is not true is striving to keep the price level steady.
The primary goals of the Federal Reserve are to maintain stable prices, achieve full employment, and promote economic growth. However, the legislation creating the Fed does not anticipate that the institution will act to close recessionary or inflationary gaps, seek to spur economic growth, or strive to keep the price level steady.
Therefore, the goal of keeping the price level steady is not true for the Federal Reserve.