If the inflation rate is too high, the central bank is most likely to:
A. Decrease interest rates
B. Increase government spending
C. Increase interest rates
D. Print more money

Question

Sefton · Answer

The correct answer is letter C. To control high inflation, the Bangko Sentral ng Pilipinas typically raises interest rates. This discourages borrowing and slows down spending, which helps reduce inflationary pressure. In 2023, BSP did this to help control rising food and transport prices.

Answered by Sefton | 2025-05-22

If the inflation rate is too high, the central bank is most likely to: A. Decrease interest rates B. Increase government spending C. Increase interest rates D. Print more money

Answer (1)

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If the inflation rate is too high, the central bank is most likely to:
A. Decrease interest rates
B. Increase government spending
C. Increase interest rates
D. Print more money

[Sagot para sa’yo] Sources of Information to Find Work

[Sagot para sa’yo] Give an example of a cultural symbol that represent Filipino identity. Explain why you consider it as a cultural symbo