Business, 21.01.2021 02:10, xrenay

52) Janet Yellen, Chairwoman of the Federal Reserve, announces that the outlook on the economy is great as consumer
confidence is growing stronger and the economy is growing, but is afraid of inflation. She announces that Federal Reserve
will be implementing monetary policies to slow down the threat of inflation
What effect does the threat of inflation have upon GDP?
A)
spending slows and causes the GDP to expand
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B)
spending slows and causes the GDP to contract
spending increases and causes the GDP to expand
D)
spending increases and causes the GDP to contract

Answers: 3

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52) Janet Yellen, Chairwoman of the Federal Reserve, announces that the outlook on the economy is g...