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defon
4 years ago
13

If the economy is in decline, and the Federal Reserve wants to encourage banks to lend to consumers, which step will the Fed lik

ely take?
a.Encourage the sale of government securities.
b.Decrease the discount rate.
c.Increase the federal funds rate.
d. Raise the prime rate.
Business
1 answer:
Georgia [21]4 years ago
5 0
<span>b.Decrease the discount rate.</span>
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Note : I have uploaded the full question below :

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