A Study on the Monetary Policy Goal and Limitations (903 words, 5 pages)
Conflicting Goals in Economic GrowthGoals of monetary policy are to "promote maximum employment, inflation(stabilizing prices), and economic growth." If economists believe it's possibleto achieve all the goals at once, the goals are inconsistent. There arelimitations to monetary policy.The term "maximum employment" means that we should try to hold theunemployment rate ...
Read More