What is one of the main actions taken by the Federal Reserve to combat inflation?
Lew: A Deep Recession Is Not Out of the Question

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Reducing taxes
Raising interest rates
Increasing government spending
Lowering interest rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential effect of raising interest rates on the economy?
It increases inflation
It slows down the economy
It stabilizes the currency
It speeds up economic growth
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern when trying to control inflation without causing a recession?
Balancing inflation control with employment impacts
Increasing government debt
Reducing consumer spending
Enhancing international trade
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do some economists believe is necessary to control inflation effectively?
An increase in consumer spending
A decrease in interest rates
A recession
A significant increase in exports
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the optimistic view regarding the current economic situation?
Interest rates will remain unchanged
A deep recession is unavoidable
Inflation will continue to rise
A deep recession might be avoided
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