Higher Interest Rates Tend to Lead to ________ Consumer and Business

question 77

Multiple Choice

Higher interest rates tend to lead to ________ consumer and business spending,while lower interest rates tend to lead to _________spending by consumers and businesses.

• A) higher; lower
• B) lower; lower
• C) higher; higher
• D) lower; higher
• E) it is not possible to tell from the information given

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Definitions:

Easy Going

A personality trait characterized by a relaxed, calm, and even-tempered approach to life.

Leading Cause

The primary factor or condition that contributes most significantly to an outcome or situation.

Death

The end of life in an organism or the permanent cessation of all vital functions.

United States

A country located in North America, known for its diverse population, significant cultural influence globally, and as a federal republic composed of 50 states.