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if you watch the news , you've undoubtedly heard mention that the Fed is going to raise interest rates. What exactly does this mean? Explain

if you watch the news , you've undoubtedly heard mention that the Fed is going to raise interest rates. What exactly does this mean? Explain how the Fed's decision to raise its discount rate might affect (a) a large manufacturer of household appliances. (b) a mid-sized software firm, (c) a small restaurant, (d) a family hoping to purchase their first home, and (e) a college student

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