Question

The central bank of the United States, the Federal Reserve, has

a dual mandate. What does this mean?

Answer 1

Answer: The dual mandate of the Federal Reserve means that it has two main jobs given to it by the U.S. Congress.

1. The first job is to make sure that prices stay stable and don't rise too quickly.

2. The second job is to help create as many jobs as possible.

Step-by-step explanation: