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fernandezalexa2
fernandezalexa2 fernandezalexa2
  • 12-03-2017
  • Mathematics
Answered

If the Federal Reserve lowers the federal funds rate, what will happen to bank savings accounts? (4 points)

Verified Answer :

Anonymous Anonymous
  • 12-03-2017

The interest rate offered would decrease. The federal reserve sets the rates to help prevent inflation, deflation etc

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