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What is the economic effect of lowering interest rates? Multiple choice question. The cost of borrowing declines and economic activity decreases. The cost of borrowing

What is the economic effect of lowering interest rates? Multiple choice question. The cost of borrowing declines and economic activity decreases. The cost of borrowing declines and economic activity increases. The cost of borrowing goes up and economic activity decreases. The cost of borrowing goes up and economic activity increases

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