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Loraine Loraine
wrote...
Posts: 4563
8 years ago
If the Federal Reserve lowers the Federal funds rate,
A) other short-term interest rates fall.
B) net exports decreases.
C) other short-term interest rates rise.
D) the price level falls.
E) Both answers A and C are correct.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 227 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Answer verified by a subject expert
SydnieSydnie
wrote...
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Posts: 3807
8 years ago
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wrote...
8 years ago
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome Slight Smile
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