What monetary policies should the Federal Reserve enact to combat higher inflation rates for consumer goods and services? (1 point)
• Enact expansionary monetary policies to increase the money supply.
• Enact contractionary monetary policies to increase money supply.
• Enact contractionary monetary policies to decrease the money supply.
• Enact expansionary monetary policies to decrease the money supply.
1 answer
Enact contractionary monetary policies to decrease the money supply.