191k views
19 votes
Which describes the effect of the Federal Reserve lowering interest rates?

2 Answers

7 votes

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

Step-by-step explanation:

User Hsrv
by
8.5k points
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???
User Sajjan Gurung
by
8.2k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.