The Federal Reserve monetary policy goals of maximum employment means
A. a zero percent unemployment rate.
B. a zero percent natural unemployment rate.
C. keeping the unemployment rate close to the natural unemployment rate.
D. cyclical unemployment should not necessarily be minimized.
Answer:C
The Federal Reserve monetary policy goals of maximum employment means
A. a zero percent unemployment rate. B. a zero percent natural unemployment rate. C. keeping the unemployment rate close to the natural unemployment rate. D. cyclical unemployment should not necessarily be minimized.