Can list and describe the Federal Reserve's (Fed.) 'mandates' for the U.S. economy? Do you think those mandates should be the only ones for the Fed.? Why or why not?
Federal Reserve usually follows the dual mandate system and this tells us that the two manandariki are price stability and sustainable employment. The price stability in the market can get to enhance with market power and also the employment increase can get to be helpful for the Development of the overall economy on the whole. No, those mandates aren't the only ones for Fed as there are many other issues to be taken care of, for example increasing efficiency of the production process, reduce income inequality etc.
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