What Is a Primary Tactic Used by Central Banks to Combat

question 25

Multiple Choice

What is a primary tactic used by central banks to combat inflation?

• A) making credit less expensive
• B) raising interest rates
• C) printing more money
• D) setting lending rates very low

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Definitions:

Knowledge Application

The use of accumulated information and skills in practical situations to solve problems or achieve goals.

Strategically Minded

Having or showing the ability to develop and implement plans that ensure success or advantage, especially by long-term planning.

Corporate Strategy

The overarching strategy of an organization, defining its overall purpose, scope, and direction, and how it intends to create and capture value across different businesses and functions.

Implementing Strategy

The process of executing plans and actions to achieve strategic goals and objectives.