Which statement best describes the effects of low and high interest rates on the economy?
Low interest rates encourage consumers to borrow and spend, while high interest
rates encourage saving.
High interest rates discourage consumers from investing, while low interest rates encourage investment.
High interest rates encourage consumers to borrow and spend, while low interest rates encourage saving.
Low interest rates encourage consumers to invest, while high interest rates discourage investment.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which statement best describes the effects of low and high interest rates on the economy? Low interest rates encourage consumers to borrow ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which term is used to describe 'aiming too high' for a particular goal?
Answers (1)
The capability of supplying groundwater from a well at a useful rate is from a (n) :
Answers (1)
Assume Coronado Industries deposits $98000 with First National Bank in an account earning interest at 8% per annum, compounded semi-annually. How much will Coronado have in the account after 6 years if interest is reinvested?
Answers (1)
Which statement describes Victorian gender expectations for men best? A. The Victorian man existed mostly in the "private sphere." B. The Victorian man moved freely in the "public sphere." C. The Victorian man was the model of religious values. D.
Answers (1)
5a. if there are constant rumors that a business is in ... if there are constant rumors that a business is in financial crisis, employees might lose internal motivation. which level of maslow's hierarchy reflects this situation?
Answers (1)
New Questions in Business
Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of units produced 3,700 Variable costs per unit: Direct materials $ 132 Direct labor $ 93 Variable manufacturing overhead
Answers (1)
Consolidated financial statements are being prepared for Behemoth Corporation and its two wholly-owned subsidiaries that have intercompany loans of $50,000 and intercompany profits of $100,000.
Answers (1)
The United Auto Workers represents all workers at a large auto parts manufacturing company. Included in the bargaining unit are welders, electricians, factory line workers, and workers who load and unload stock.
Answers (1)
Read the following descriptions of several different environments. Based on the information given, sort each environment into the correct bin for an environment that would experience predominantly mechanical weathering or predominantly chemical
Answers (1)
For homeowners in upper-income brackets whose gains exceed $500,000 ($250,000 for a single taxpayer), the capital gains tax rate is limited to what percentage
Answers (1)