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In accordance with the Treaty on the Functioning of the European Union, which statement accurately describes the primary objective and institutional independence of the European Central Bank?
A
The ECB defines monetary policy through decisions adopted by qualified majority voting in the Council of the European Union.
B
Its primary objective is to maintain price stability, and it exercises its powers independently of Union institutions and Member State governments.
C
Article 105 TEC established price stability as the primary objective of the European System of Central Banks.
D
The European Commission defines and implements the Union’s monetary policy to ensure price stability across all Member States.
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