Answer:
A. Banks will increase the interest they charge for loans and increase the interest they
pay out for deposits.
Explanation:
If the Fed raises interest rates, it increases the cost of borrowing, making both credit and investment more expensive. This can be done to slow an overheated economy
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Answer:
If the outcomes of other procedure that were used are similar to the omitted procedure by giving relevant evidence.
Explanation:
Generally, it is common practice to use the same procedure for a given set of actions to obtain the desired result. This serves as a routine work and the outcome is always the same if the same procedure is followed each time. However, if there exists an alternative method or procedure that will give a similar outcome to the omitted procedure, there is no need to perform the omitted method/procedure.
Making decisions to solve the economizing problems:
First and the foremost include the choices that are we must limit our wants and must use limited sources. In the case of production the productive efficiency the fixed technology and fixed resources must be solved.
The marginal cost and the marginal units must be considered to produce more efficient output. So the basic steps include limiting the needs of unlimited wants and must limit the usage of resources.
