A government has set a target of lowering the inflation rate. Why may it be unwilling to increase interest rates in order to meet this target?
- Aaggregate demand may fall
- Baggregate supply may fall
- Csaving may fall
- Dthe exchange rate may fall
Economics 9708 · AS & A Level · Monetary policy
A government has set a target of lowering the inflation rate. Why may it be unwilling to increase interest rates in order to meet this target?