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1. The Federal Reserve has been adjusting interest rates. What is the economic significance of this change? What will the impact be on the business

1. The Federal Reserve has been adjusting interest rates. What is the economic significance of this change? What will the impact be on the business environment? (2021)

2. Identify the major types of financial institutions and their significance in the financial system. Describe how the institutions were affected by the 2008-2009 financial crisis.

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