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When the Interest Rate Rises,saving Becomes ______ Rewarding and Borrowing

question 31

Multiple Choice

When the interest rate rises,saving becomes ______ rewarding and borrowing becomes ______ costly.


Definitions:

Amps

A unit of electric current in the International System of Units (SI), short for amperes.

Volts

Volts are the unit of electric potential and electric potential difference in the International System of Units (SI), indicating the force that drives electric current between two points.

Parallel Circuit

In electricity, any circuit that has two or more paths for current flow.

Total Circuit Resistance

The sum of all resistive elements within an electrical circuit, affecting the overall current flow and energy consumption.

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