Fighting inflation by slowing the growth of aggregate demand is
A)endorsed by most politicians.
B)a convenient way to reduce inflation.
C)unpopular with politicians.
D)always easily accepted by firms and workers.

Question

Quizplus · Accepted Answer

Slowing the growth of aggregate demand often involves implementing policies such as raising interest rates or reducing government spending, which can be politically unpopular. Firms and workers may also resist such policies because they can lead to reduced economic growth and employment.

Fighting Inflation by Slowing the Growth of Aggregate Demand Is