which of the following changes is observed when the Fed increases the federal funds rate?...
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Finance
which of the following changes is observed when the Fed increases the federal funds rate?
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Major banks try to offset this change by lowering the interest rates they charge on loans.
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Major banks try to offset this change by lowering the interest rates they pay on savings deposits.
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The inflation rate increases for several months, but then begins to decrease.
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Major banks raise the prime interest rate that they charge to their best customers.
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Inflation is brought to an immediate halt
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