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Written by:
Richard C
Date added:
January 2, 2015
Level:
University
Grade:
B
No of pages / words:
40 / 10978
Was viewed:
4239 times
Rating of current essay:
Essay content:
As the economy has been heating up recovering from recession the Fed has been forced to continue to increase the Fed Funds Rate to keep inflation in check. Rising interest rates trying to hold back inflation has caused the cost of money in the U.S. economy to increase. The only incentive for the companies to borrow money to develop new technology is if they have some guarantee from the government to buy it when it is completed, but if the government keeps up its spending habit inflation will only get worse which simply compounds the problem of rising investment costs...
displayed 300 characters
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economy to increase. The only incentive for the companies to borrow money to develop new technology is if they have some guarantee from the government to buy it when it is completed, but if the government keeps up its spending habit inflation will only get worse which simply compounds the problem of rising investment costs...
displayed 300 characters
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