under president carter, the federal reserve\nraised interest rates in an attempt to slow down…
under president carter, the federal reserve\nraised interest rates in an attempt to slow down inflation.\nlowered interest rates in an attempt to help the economy.\nincreased discrimination against borrowers.\ndecreased wages paid to federal workers.
Answer
Brief Explanations:
During President Carter's tenure, high - inflation was a major economic issue. The Federal Reserve typically raises interest rates to combat inflation as it makes borrowing more expensive, reducing spending and thus inflationary pressures.
Answer:
A. raised interest rates in an attempt to slow down inflation.