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3 votes
True or False questions! Please Help!!!

1.) When the Fed announces a lower discount rate (the interest banks have to pay to borrow money from the Fed), it is considered a positive action and good for the economy.

2.) A savings account usually pays less interest to people than checking accounts

User Wbdarby
by
7.4k points

1 Answer

4 votes

Answer:

1) True

2) False

Step-by-step explanation:

User Rockyroad
by
7.9k points
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