An article stated that "higher interest rates must increase the cost of all sorts of things for business, hence, anti-inflationary." How can higher interest rates be anti-inflationary?

A)High interest rates encourage imports which increases supply of goods and services

B)High interest rates reduce aggregate demand

C)High interest rates are caused by the premium for inflation in nominal interest rates

d) High interest rates lower the price of bonds

What is Productivity?

A)per unit production costs

B)real output per unit of input

C)the amount of capital goods used per worker

D)the changes in real wealth caused by price level changes