In 1980, President Carter authorized the Federal Reserve to impose a series of credit controls.These were put in place to:

Name: In 1980, President Carter authorized the Federal Reserve to impose a series of credit controls.These were put in place to:
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The credit controls were implemented to reduce inflation by reducing aggregate demand. By limiting the amount of loans available to individuals and businesses, the Federal Reserve hoped to slow down demand and, in turn, decrease inflation.

In 1980, President Carter Authorized the Federal Reserve to Impose