The peak of the Internet growth in 1998-1999 led to inflationary pressures and ____,and the Fed 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, which would require the Fed to raise interest rates to control inflation.

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