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In 2008, the credit crisis led to a weakened U.S. economy and interest rates started to decline to very low levels and the Federal Reserve
In 2008, the credit crisis led to a weakened U.S. economy and interest rates started to decline to very low levels and the Federal Reserve took actions to help interest rates remain low. Despite the low rates and access to loanable funds, many businesses refused to borrow and expand. Why weren't businesses willing to borrow during the credit crisis?
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