Prime Rate Discount Rate Fed Rate

What are the prime rate, the discount rate, and the federal funds rate? Who controls these rates? What would you expect to happen in the general economy if these rates are all increased? Decreased? Use examples from your text, the South University Online L What are the prime rate, the discount rate, and the federal funds rate? Who controls these rates? What would you expect to happen in the general economy if these rates are all increased? Decreased? Use examples from your text, the South University Online Library, or from the Internet when resp ibrary, or from the Internet when resp

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