When the FED adjust its interest rates it directly influences consumer

a) saving

b) spending

c) borrowing

d) investing

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Panda

19 October, 06:10

When the FED adjust its interest rates it directly influences consumer

a) saving

b) spending

c) borrowing

d) investing

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Answers (1)

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Shaw · Answer 1

It directly influences consumer: A. Saving

When the federal bank increase the interest rates, most consumers will start to put their money in the bank in the hopes of gaining higher interest rates.

This policy usually made during inflation in order to control the money circulation within the market.

When the FED adjust its interest rates it directly influences consumera) savingb) spendingc) borrowingd) investing

When the FED adjust its interest rates it directly influences consumer

a) saving

b) spending

c) borrowing

d) investing