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Essay

Accounting 1

Essay specific features

 

Issue:

Business

 

Written by:

Jason L

 

Date added:

September 30, 2015

 

Level:

 

Grade:

B

 

No of pages / words:

2 / 285

 

Was viewed:

4814 times

 

Rating of current essay:

 
Essay content:

He told them that changes need to be made to help the economic downfall in the world. Since the oil prices are slightly going down, rates should as well be going down. They need to remain consistent. The lowering the rates mean basically to lower the price for borrowing money. More people will borrow money if the rates are lower...
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More people will borrow money if the rates are lower. The fed funds rate is at 2.0% now. A year ago the rate was at 5.25%. A much bigger percentile when it comes to large amounts of money. So as you can see it has been decreasing, and they are now considering decreasing it more. This economic problem is not just happening in the United States...
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