The fed reduce the discount rate by eleven times

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Reference no: EM13796010

In 2010, The Fed reduce the Discount rate by eleven times, to 1.50%, the reason for this action was to:

A. Prevent rising inflation.

B. To Reduce the budget deficit.

C. Reduce the likelihood of a recession.

D. Strengthen the value of the dollar.

Reference no: EM13796010

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