× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
G
4
K
3
o
3
3
m
2
c
2
r
2
p
2
s
2
s
2
b
2
c
2
New Topic  
Danut Grigore Danut Grigore
wrote...
Posts: 10
Rep: 0 0
3 years ago

When the Bank of Canada raises interest rates, this


A)increases unemployment and increases inflation.

B)decreases unemployment and decreases inflation.

C)decreases unemployment but creates stagflation.

D)decreases unemployment and increases inflation.

E)increases unemployment and decreases inflation.
Read 93 times
1 Reply

Related Topics

Replies
wrote...
Educator
3 years ago
To control inflation, the central bank raises interest rates, which reduces consumer demand and leads to a slowdown in economic growth.

Quote
E)increases unemployment and decreases inflation.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1030 People Browsing
Related Images
  
 266
  
 1055
  
 420
Your Opinion
Where do you get your textbooks?
Votes: 447