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Do decisions by the Fed affect your spending plans? A. Prices of goods and services and interest rates are inversely related, so I make purchases
Do decisions by the Fed affect your spending plans? A. Prices of goods and services and interest rates are inversely related, so I make purchases before an interest rate announcement if I think the interest rate is going to fall. B. Yes, if interest rates rise, I would most likely decrease my borrowing and spending, especially on big ticket items. C. The Fed makes decisions that influence the macroeconomy, not individuals. D. When the Fed lowers the interest rate, I buy more imported goods because the value of the U.S. dollar falls
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