To jump-start the economy,the FED is likely to lower interest rates,in order to encourage individuals and businesses to spend money.

Name: To jump-start the economy,the FED is likely to lower interest rates,in order to encourage individuals and businesses to spend money.
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Question

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Lowering interest rates makes borrowing money cheaper, which is intended to encourage people and businesses to spend and invest more, thus stimulating economic growth.

To Jump-Start the Economy,the FED Is Likely to Lower Interest