madisonday
Answered

The GDP of a country hasn’t improved in the past three years. The central bank decided to take a measure that will increase the amount of money people spend on goods and services. Which step should the central bank take?

increase interest rates


reduce interest rates


increase taxes


increase the required reserve ratio


increase the price of goods and services

Verified Answer :

Hagrid

The correct answer for this question is this one: "reduce interest rates." 

The situation presented is that, "the central bank decided to take a measure that will increase the amount of money people spend on goods and services." In this case, the step that the central bank should take is to reduce interest rates so that many people will be enticed to increase the amount spent.

B) reduce interest rates

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