martinezjason633 martinezjason633
  • 24-04-2019
  • Business
contestada

How does the fed encourage banks to loan more money?

Respuesta :

adnhw
adnhw adnhw
  • 24-04-2019

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:

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