Your business' success is most likely to be affected by Federal Reserve policy if it is in the
A) defense industry.
B) health services industry.
C) restaurant industry.
D) residential construction industry.

Question

Quizplus · Accepted Answer

The residential construction industry is most likely to be affected by Federal Reserve policy because interest rates set by the Fed have a direct impact on mortgage rates, which can impact the demand for new homes and affect the industry's sales and growth. Changes in monetary policy can also affect the availability of credit and financing for new construction projects.

Your Business' Success Is Most Likely to Be Affected by Federal