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The Federal Reserve's attempts to reduce inflation in 1979 caused..
Answer is C. caused the economy to slow further

Respuesta :

Answer:

C. caused the economy to slow further

Explanation:

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In 1979, the Federal Reserve raised interest rates to combat inflation. As a result, the economy slowed even more.

What is the Federal Reserve System?

  • The Federal Reserve is the central bank of the United States, and it develops policies to ensure the stability of the monetary and financial systems.
  • The Federal Reserve regulates America's banking system through its policies.
  • Interest rate increases slowed the economy even more.
  • As a result, Option C is the correct answer.

Learn more about Federal Reserve below

https://brainly.com/question/25817380

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