The Fed reduces interest rates.
Banks will make more loans.
The money supply increases....
Social Studies, 09.01.2021 01:50, naenae6775
The Fed reduces interest rates.
Banks will make more loans.
The money supply increases.
People and businesses are more likely to spend and borrow money.
The number of jobs will increase
People will buy more cars, homes, and fun stuff.
The growth of the economy speeds up.
Inflation will (decrease or increase?).
Answers: 2
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