A policymaker wants to reduce inflation. In order to make an intelligent decision about how to do so, the policymaker:

Question

Quizplus · Accepted Answer

In order to effectively reduce inflation, the policymaker needs to understand the root causes of inflation, such as the government printing too much money. Only then can they make informed decisions on how to reduce inflation. The other choices are incorrect as inflation is often a persistent problem that requires ongoing management, the impact of inflation on people's well-being depends on various factors, and reducing inflation can come with costs such as unemployment and slower economic growth.

A Policymaker Wants to Reduce Inflation