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If the Federal Reserve raises the federal funds rate, what will likely happen to certificates of deposit offered by banks? (5 points) The interest rates offered will decrease. T…

If the Federal Reserve raises the federal funds rate, what will likely happen to certificates of deposit offered by banks? (5 points) The interest rates offered will decrease. T…
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If the Federal Reserve raises the federal funds rate, what will likely happen to certificates of deposit offered by banks? (5 points)

The interest rates offered will decrease.
The interest rates offered will increase.
The interest rates will automatically be set to zero.
The interest rates will remain the same.

asked
User Robert Wilczynski
by
7.3k points

1 Answer

1 vote

Answer:

increase

Step-by-step explanation:

making it more difficult to obtain

answered
User Akuukis
by
8.3k points
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