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1. Define the federal funds rate. 2. What is the current federal funds rate (you can find it on the website provided)? 3. Did the

1. Define the federal funds rate.

2. What is the currentfederal funds rate(you can find it on the website provided)?

3. Did the Fed raise, lower, or keep the rate unchanged from the previous rate? Why?

4. Do you think that the federal funds rate is appropriate for the state of the economy, or should the Fed increase or lower the interest rate at its next meeting?

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