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18. Which goal will be achieved through a tight money policy? inflation is controlled the economy expands more small businesses open consumers have increased access to money

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18. Which goal will be achieved through a tight money policy?
inflation is controlled
the economy expands
more small businesses open
consumers have increased access to money

18. Which goal will be achieved through a tight money policy? inflation is controlled the economy expands more small businesses open consumers have increased access to money

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RhiannonVeteran · Tutor for 11 years

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<p> A. Inflation is controlled</p>

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<p> A tight money policy is a monetary policy adopted by a central bank that aims to slow down the economy by making money more expensive to obtain. This reduces the money supply, increases interest rates, and slows economic activity. The primary goal is to control inflation by reducing the supply of money and credit available. Therefore, in response to a tight monetary policy, it wouldn't be expected five to see the economy expand, more small businesses open, or consumers have increased access to money as these are all stimulated by easy monetary policy. </p>
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