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Answer to Question #81395 in Finance for Anna
Question #81395
how does changing the reserve requirement or/and discount rate impact individuals hoping to borrow money?
Expert's answer
Changing the reserve requirement or/and discount rate increase or decrease individuals hoping to borrow money. If reserve requirement or discount rate increase, individuals will borrow less and if reserve requirement or discount rate decrease, individuals will borrow more.
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Exceptional experts! I appreciate your help. God bless you!
#340153 on Dec 2023
#340153 on Dec 2023
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