Question

Mr. ellis: can you tell us what additional policies you would pursue in a second administration in order to try to bring down that inflation rate? president carter: the new economic revitalization program that we have in mind, which will be implemented next year, would result in tax credits which would let business invest in new tools and new factories to create even more new jobs – about a million in the next 2 years. and we also have planned a youth employment program which would encompass 600,000 jobs for young people. this has already passed the house; now has an excellent prospect to pass the senate. which statement best describes carter’s response to the moderator’s question? carter fails to provide evidence for how his new policies will decrease inflation. carter indicates how his proposed policies would bring down inflation rates. carter explains why inflation is rising, but does not explain how he would address it . carter acknowledges that his policies might not correct the issue of high inflation.

Answer 1

President Carter focuses on job creation and tax credits rather than directly explaining how these measures would combat inflation.

Step-by-step explanation:

The response from President Carter to Mr. Ellis's question reflects a strategy that does not directly address how the proposed policies would reduce inflation. Instead, Carter outlines aspects of his economic revitalization strategy that are aimed at creating jobs and investing in youth employment. While increasing employment can boost economic activity and productivity, it is not clear from his response how these measures would specifically bring down the inflation rate, since job creation and tax credits for business could potentially increase the money supply, further fueling inflation.