7. By what action does the Federal Reserve try to control inflation? a. Raise taxes
b. Decrease the reserve ratio
c. Lower interest rates
d. Congressional approval

The primary job of the Federal Reserve is to control inflation while avoiding a recession. It does this with monetary policy. To control inflation, the Fed must use contractionary monetary policy to slow economic growth. The ideal economic growth rate is between 2%-3%.

Explanation:

by using  production possibilities graph.  opportunity costs are key expenses in financial matters and are utilized as a part of registering money saving advantage investigation of a venture. such expenses, be that as it may, are not recorded in the record books but rather are perceived in basic leadership by processing the money costs and their subsequent benefit or misfortune.

is there multiple choice or do you need like an essay answer?