Illustrate what would you expect general economy

Reference no: EM1333656

The Monetary System

What are the prime rate, the discount rate, and the federal funds rate? Who controls these rates? What would you expect to happen in the general economy if these rates are all increased? Decreased? Give examples.

Reference no: EM1333656

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Illustrate what would you expect general economy : Illustrate what would you expect to happen in the general economy if these rates are all increased.

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