harknessjojo18 harknessjojo18
  • 03-05-2017
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In three to four sentences, explain the effects of lower interest rates on consumption and investments.

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BlueSky06
BlueSky06 BlueSky06
  • 16-05-2017
If the interest rates of for example bank loans are lowered compared to how much they are now, many will opt to borrow money for investment. The availability of the goods and services will then lead to increase in consumer's consumption. 
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