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You will explain monetary policies as they relate to the business environment. What is the effect of the extended period of low interest rates in the US economy on: (a) banks taking deposits, (b) individuals saving for retirement, (c) cities and towns funding pensions at rates far above the market interest rates, and (d) a small business seeking a loan? Based on your answers, who benefits and is harmed the most from low interest rates and why?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91423665

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