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"The Bank of Israel Lowered Its Benchmark Lending Rate by Half

Question 64

Multiple Choice

"The Bank of Israel lowered its benchmark lending rate by half a percentage point, the fourth cut in weeks, as the global financial turmoil slows economic growth and inflation expectations ease. "
HYPERLINK "http://www.bloomberg.com/" www.bloomberg.com, 11/24/20
The Bank of Israel's actions bank reserves and have the goal of _ consumption.


A) increase; increasing
B) decrease; increasing
C) decrease;decreasing
D) increase;decreasing

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