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Business, 05.03.2021 01:20 alizeleach0123

Which statement reflects the most probable impact on the prime interest rate of a change in the federal funds rate? The prime rate will move in the same direction as the federal funds rate. The prime rate will move in the opposite direction as the federal funds rate. The prime rate will move farther from the federal funds rate if the federal funds rate rises, and closer to it if the federal funds rate falls. The prime rate will move closer to the federal funds rate if the federal funds rate rises, and farther from it if the federal funds rate falls.

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