contestada

Following U.S. involvement in the Korean War and the related period of low unemployment and rising prices, the Federal Reserve intervened to curb growth and decrease inflation. At what point in the business cycle did the Federal Reserve take action?

Contraction

Expansion

Peak

Trough

Respuesta :

i think, the point of business cycle that the federal reserve take action from is : 
Peak
during this phase, one might argue that the economic condition of country is probably the best of what it's ever achieved

hope this helps

nathalyrodd18

The Federal Reserve became involved during the peak (second phase) and we know this because during this period of time the stock market remained in the expansion phase for years.

I agree with the previous answer provided by another brainly user. The involvement of the F.R actually enhanced the economy condition of the country.


Hope this helps!

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