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Twitchin Twitchin
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6 years ago
Which of the following was a consequence of the Federal Reserve Board's 1981 decision to tighten the money supply?
 
  a. The inflation rate increased.
  b. Interest rates began a slow but steady decline.
  c. Economic activity declined and the unemployment rate increased.
  d. Federal budget deficits were brought under control.
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lowster11lowster11
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6 years ago
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Twitchin Author
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6 years ago
Thanks
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Smart ... Thanks!
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2 hours ago
Thank you, thank you, thank you!
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