Which of the following is useful in fighting inflation?
A)Raising interest rates
B)Lowering reserve rate of funds banks must hold in reserve
C)Increasing money supply
D)Decreasing interest rate on loans to member banks
E)Buying security

Question

Quizplus · Accepted Answer

Raising interest rates can help fight inflation by making borrowing more expensive, which can reduce spending and slow down the economy.

Which of the Following Is Useful in Fighting Inflation