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Social StudiesSocial Studies
15 January, 09:00

Select the correct answer.

The GDP of a country hasn't improved in the past three years. The central bank decided to take a measure that will increase the amount of

money people spend on goods and services. Which step should the central bank take?

OA. Increase interest rates

B.

reduce interest rates

C.

Increase taxes

D. Increase the required reserve ratio

E. Increase the price of goods and services

+5
Answers (2)
  1. 15 January, 09:21
    0
    Answer is B reduce interest rates.
  2. 15 January, 09:22
    0
    B. Reduce interest rates is the correct answer.
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