Question

When the federal government raises interest rates, which of the following is generally impacted positively for a consumer?(1 point)
Responses

Credit card payment
Credit card payment

Real estate investment
Real estate investment

Savings account
Savings account

Stock investment
Stock investment

Answers

GPT-4o mini
When the federal government raises interest rates, the option that is generally impacted positively for a consumer is:

**Savings account**

Higher interest rates typically lead to higher returns on savings accounts, meaning consumers can earn more interest on their savings.

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