Lowering the reserve requirement for banks, the fed hopes

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Reference no: EM13769108

In lowering the reserve requirement for banks, the Fed hopes to:

improve the economy by making it cheaper for businesses to borrow money.

improve the economy by making the Fed Funds rate higher.

control inflation by making the Fed Funds rate higher.

control inflation by it cheaper for businesses to borrow money.

none of the above.

Reference no: EM13769108

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