Discuss interest rates in general in the United States and the effects of rising and falling interest rates. Does the Federal Reserve take an active role in setting interest rates?
What will be an ideal response?
Answer: Falling interest rates or lower interest rates stimulate purchases and new home building. Rising interest rates have the opposite effect. The Federal Reserve is active and regularly increases or decreases interest rates depending on the state of the economy.
Business
You might also like to view...
Systems analysis involves all of the following except
a. gathering facts b. surveying the current system c. redesigning bottleneck activities d. reviewing key documents
Business
What are the four pricing objectives that a firm can pursue?
What will be an ideal response?
Business
How are ADRs differentiated?
What will be an ideal response?
Business
DSL stands for ________
A) Device Service Line B) Digital Symmetrical Line C) Data Service Line D) Digital Subscriber Line
Business