Multiple Choice
"The Bank of Israel lowered its benchmark lending rate by half a percentage point, the fourth cut in seven weeks, as the global financial turmoil slows economic growth and inflation expectations ease." www.bloomberg.com 11/24/2008
The Bank of Israel's actions ________ bank reserves and have the goal of ________ consumption.
A) decrease; decreasing
B) increase; decreasing
C) increase; increasing
D) decrease; increasing
Correct Answer:
Verified
Correct Answer:
Verified
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