The peak of Internet growth in 1998-1999 led to inflationary pressures and _____, and the Federal Reserve responded by _____ interest rates.
A) economic growth; lowering
B) economic growth; raising
C) unemployment; raising
D) unemployment; lowering

Question

Quizplus · Accepted Answer

The peak of internet growth in 1998-1999 led to inflationary pressures and economic growth. The Federal Reserve responded by raising interest rates to curb inflation.

The Peak of Internet Growth in 1998-1999 Led to Inflationary