History
History, 09.03.2021 02:40, DenniJ19

This chart shows a sequence of causes and effects in how banking can affect society. Complete the chart by selecting the correct word. First

Second

Third

Fourth

Fifth

Sixth

Seventh

Eighth

The Fed reduces interest rates.

Banks will make (more or fewer?) loans.

The money supply (increases or decreases?).

People and businesses are (more or less) likely to spend and borrow money.

The number of jobs will (decrease or increase?).

People will buy (more or fewer?) cars, homes, and fun stuff.

Growth of the economy speeds up.

Inflation will (decrease or increase?).

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Answers: 3

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