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Pepsi [2]
3 years ago
11

How does the fed encourage banks to loan more money?

Business
1 answer:
aleksklad [387]3 years ago
3 0

Answer:

When the Fed funds rate is lower, it costs less for banks to borrow money from the federal government. This means that they can loan out more money to the population of America. God bless.

Explanation:

n/a

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