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Jay is an 21 year old college senior. He reads on a financial blog that interest rates are being lowered by the Federal Reserve. Which of these situations might Jay decide to do based on this information?
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Jay is an 21 year old college senior. He reads on a financial blog that interest rates are being lowered by the Federal Reserve.

Which of these situations might Jay decide to do based on this information?

User Anthony DeSimone
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1 Answer

3 votes

Answer: Purchase a new car

Step-by-step explanation:

I have found that the answer is that Jay is considering to buy a new car but I can't sat the right the right explanation of it. I think that he needs a car because he is going to college and he would need a car soon. He is also having 21 years and he is not considered more as ''Young driver''.

User David Miguel
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