the federal reserves attempts to reduce inflation in 1979\n○ caused the economy to improve slowly.\n○ had no…
the federal reserves attempts to reduce inflation in 1979\n○ caused the economy to improve slowly.\n○ had no real impact on the economy.\n○ caused the economy to slow further.\n○ caused the economy to improve greatly.
Answer
Brief Explanations:
In 1979, the Federal - Reserve's tight - money policies to reduce inflation led to higher interest rates. This made borrowing more expensive, which in turn caused businesses and consumers to cut back on spending and investment, resulting in a further slowdown of the economy.
Answer:
caused the economy to slow further.