To Slow Down a High Inflation Rate,the Fed Should Use

question 261

Multiple Choice

To slow down a high inflation rate,the Fed should use a(n) ______________ monetary policy by using open market _____________.

• A) expansionary;purchases
• B) restrictive;sales
• C) expansionary;sales
• D) restrictive;purchases

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Definitions:

Orally Agrees

To give consent or reach an agreement on something using spoken words rather than written.

Maintain

To keep something in good condition through regular care and repair or to continue something at the same level or rate.

Employee Status

The classification of a worker as an employee under law, subject to certain legal rights, duties, and protections.

Degree of Control

The extent to which an individual or entity has the authority or power to manage and direct something or someone.