choose the right word or phrase to complete this sentence. the feds interest - rate policy in the late 1970s…
choose the right word or phrase to complete this sentence. the feds interest - rate policy in the late 1970s economic growth. encouraged slowed sped up
Answer
Answer:
B. slowed
Brief Explanation:
In the late 1970s, the Fed raised interest - rates to combat high inflation, which in turn slowed economic growth.