Ask Question
Social StudiesSocial Studies
16 August, 03:21

You want a new truck. How can the Federal Reserve's raising of the discount rate affect your decision to purchase the truck?

+3
Answers (2)
  1. 16 August, 03:52
    0
    Answer: D

    Explanation: It will raise interest rates and make your truck payment higher.
  2. 16 August, 06:23
    0
    The correct answer is through interest rates.

    When the Federal Reserve increases the discount, there will be a corresponding increase by banks in what rate they will lend at.

    So, for a person buying a new car, they will see an increase in how much it costs to buy a car via loans.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You want a new truck. How can the Federal Reserve's raising of the discount rate affect your decision to purchase the truck? ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
When we reason, we judge the validity of a - based on available information. Our reasoning may be based on a mix of opinion, -, and casual observation; this is called - reasoning.
Answers (1)
Which political theory has been interpreted to mean that a president can shield critical information from Congress as a result of the separation of powers? a. checks and balances b. impeachment c. pardon d. judicial powers e. executive privilege
Answers (1)
At his weekly therapy session, henry became agitated at his therapist, saying that she was controlling, domineering, and trying to ruin his life with all of her mothering. a psychoanalyst would suggest that this illustrates:
Answers (1)
How can the same action lead to a civil and a criminal case?
Answers (2)
What other factors might cause a mass migration similar to the Irish immigration of the mid-1800s?
Answers (1)
New Questions in Social Studies
3 If you became president of your country one day, what changes would you. make?
Answers (1)
The United States' most important trading partner quantitatively is:
Answers (1)
Why did tillmen dislike the conccernatives
Answers (1)
Which term do sociologists use to describe a socially defined group of people who are generally considered to be physically distinct in some way?
Answers (1)
As the city of Detroit faced climbing economic difficulties in the early to mid-2000s, public support for the busing system waned.
Answers (1)
Home » Social Studies » You want a new truck. How can the Federal Reserve's raising of the discount rate affect your decision to purchase the truck?
Sign Up Forgot Password?