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The United States government decides to use a loose money policy to assist businesses in borrowing money in an effort to help them hire more people. What is a likely unintended consequence of such an action?

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Higher Rates of inflation
User Jyoti
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5 votes

Answer:

Higher Rates of Inflation

Step-by-step explanation:

Loose Money Policy is a monetary policy in which the money supply of the government is increased and is made more easily accessible to citizens with the objective of having an economic growth. As a consequence of having more money in the market, it will most likely loose value.

User Sabyasachi Mishra
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