If monetary authorities tighten credit or money,________ will rise.

Question

Quizplus · Accepted Answer

When monetary authorities tighten credit or money, they typically increase interest rates. This helps to reduce borrowing and spending, which can help to prevent inflation or other problems in the economy. As interest rates rise, it becomes more expensive for individuals and businesses to borrow money, which can reduce their ability to make investments or purchases. This can slow down economic growth, but it can also help to prevent overheating and other negative effects.

If Monetary Authorities Tighten Credit or Money,________ Will Rise