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If the Federal Reserve lowers the federal funds rate, what will happen to bank savings accounts? A. The interest rate offered would decrease B. The interest rate offered would increase C. The interest
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If the Federal Reserve lowers the federal funds rate, what will happen to bank savings accounts?

A. The interest rate offered would decrease
B. The interest rate offered would increase
C. The interest rate will automatically be set to zero
D. The interest rate will remain the same

User BasTaller
by
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1 Answer

4 votes
A. The interest rate offered would decrease. The Federal Reserve sets the rates to help prevent inflation, deflation etc
User Tonypdmtr
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