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ICE Princess25 [194]
3 years ago
8

If the Federal Reserve charges 2.5% interest rate on loans to financially healthy banks and pays 1.75% interest on reserves held

by the banks, the Effective Federal funds rate could possibly be
Business
1 answer:
Iteru [2.4K]3 years ago
5 0

Answer:

1.5%

Explanation:

Solution is attached in the below file

Download docx
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> docx </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> docx </span>
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