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Mathematics 19 Online
OpenStudy (anonymous):

Suppose the economy is experiencing a high rate of inflation. Which of the following actions would the Federal Reserve Board take to put the economy back on track? a)raise the discount rate b)increase taxes c)buy more government securities d)lower the discount rate

OpenStudy (anonymous):

D seems reasonable

OpenStudy (anonymous):

are you sure

OpenStudy (one098):

D^

OpenStudy (anonymous):

Do y'all have any reasoning behind this answer?

OpenStudy (anonymous):

WAIT

OpenStudy (anonymous):

B, because if everything costs alot more, you raise discounts so it will be more like before

OpenStudy (anonymous):

thanks your totally right but it's a not b

OpenStudy (anonymous):

Oh, my bad

OpenStudy (anonymous):

That's ok cuz everybody makes mistakes

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