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30 December, 17:48

What will happen to bank savings accounts if the Federal Reserve lowers the federal funds rate?

A. The interest rate offered would decrease

B. The interest rate offered would increase

C. The interest rate will automatically be set to zero

D. The interest rate will remain the same

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Answers (1)
  1. 30 December, 17:49
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    A. The interest rate offered would decrease
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