By law the Federal Reserve is required to monitor unemployment and inflation. Respond to the following components: How does the Federal Reserve accomplish these goals? Ultimately the Federal Reserves (Fed) primary goal is to promote and support a strong economy. They are the central bank of the United States and as directed by Congress, guide the monetary policy that promotes price stability, sustains growth and keeps the financial system stable (Amacher & Pate, 2019). They have dual goals, known as dual mandate which by implementing the monetary policy supports conditions for long term economic growth and maximum employment (Board of Governors of the Federal Reserve System, n.d.). The mandate works hand in hand to keep things flowing; otherwise the Fed works on each...