Which describes the effect of the Federal Reserve lowering interest rates?

asked Sep 24, 2023 191k views

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7 votes

Answer:Lower interest rates will increase demand for products in the economy.

Step-by-step explanation:

Hsrv answered Sep 26, 2023

by Hsrv

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7 votes

Is there supposed to be a photo or a multiple choice or? When the Fed cuts interest rates, consumers usually earn less interest on their savings???

Sajjan Gurung answered Sep 29, 2023

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