Interest Rate Increases Have a _____ Impact on the Residential

question 40

Multiple Choice

Interest rate increases have a _____ impact on the residential home construction industry and a _____ effect on industries that produce consumer necessities such as prescription drugs or basic grocery items.

• A) positive; neutral
• B) negative; neutral
• C) negative; positive
• D) positive; negative

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Definitions:

External Forces

Factors outside of an organization that affect its performance, including economic, political, social, and technological influences.

Marketing Plans

Structured outlines that detail strategies, tactics, targeted activities, and allocations of resources for achieving the marketing goals of a business.

Trends

Patterns or tendencies in data indicating a general direction of change in society, technology, market preferences, or other fields over time.

Organization

An entity, such as a company, institution, or association, comprised of people and resources working together towards common goals.