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MAXImum [283]
4 years ago
14

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?
increase interest rates


reduce interest rates


increase taxes


increase the required reserve ratio


increase the price of goods and services
Business
2 answers:
BARSIC [14]4 years ago
5 0

B) reduce interest rates

Rasek [7]4 years ago
4 0
The correct answer for this question is this one: "<span>reduce interest rates." 

The situation presented is that, "the </span>central bank decided to take a measure that will increase the amount of money people spend on goods and services." In this case, the <span>step that the central bank should take is to reduce interest rates so that many people will be enticed to increase the amount spent.
</span>
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