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The national economic objectives that the Fed attempts to achieve include all th

ID: 1198716 • Letter: T

Question

The national economic objectives that the Fed attempts to achieve include all the following actions EXCEPT: promoting economic growth accompanied by full employment. maintaining moderate long-term interest rates. keeping the price level stable. keeping tax rates low. The national economic objectives that the Fed attempts to achieve include all the following actions EXCEPT: promoting economic growth accompanied by full employment. maintaining moderate long-term interest rates. keeping the price level stable. keeping tax rates low.

Explanation / Answer

The national economic objectives that the Fed attempts to achieve include all the following actions EXCEPT:

Keeping tax rates low.

The other options are affected by the functioning of the Fed or are under its control. But the tax rate is set by the government.

Therefore, the answer is keeping tax rates low.

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