Interest Rates

question 83

Multiple Choice

Interest rates

• A) often change with changes in the economy.
• B) affect consumer markets, but not business customers.
• C) usually decrease during periods of inflation.
• D) do not directly affect the total price borrowers must pay for loans.
• E) don't affect the prices buyers pay.

---

Definitions:

Single Purpose

Designed or intended to fulfill only one specific function or task, without deviation or multipurpose utility.

Two-Party System

A political system dominated by two major parties, often limiting the presence or success of smaller or third parties.

Legislative Chamber

A formal assembly or room where a legislature meets to discuss and make laws.

Majority

The greater part or number; the number of votes, seats, or individuals in a group that is more than half of the total count.