Lower interest rates increased demand for machinery

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Reference no: EM131101599

Parker Hannifin benefitted when the Federal Reserve slashed the federal funds rate to near-zero levels in 2008. Lower interest rates increased demand for its machinery components, which would allow Parker Hannifin to ________ employment and ________ prices.

increase; increase

increase; decrease

decrease; increase

decrease; decrease

Reference no: EM131101599

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