Has monetary policy exerted a stabilizing impact on the U.S. economy during the past decade? Why or why not?9. Is stability in the general level of prices through time important? Why or why not?...

Has monetary policy exerted a stabilizing impact on the U.S. economy during the past decade? Why or why not?9. Is stability in the general level of prices through time important? Why or why not? Should price stability be the goal of monetary policy? Should monetary policy-makers try to shift monetary policy in a manner that will smooth the ups and downs of the business cycle? Explain your responses.