Ask Question
10 March, 12:28

In three to four sentences, explain the effects of lower interest rates on consumption and investments.

+3
Answers (1)
  1. 10 March, 15:01
    0
    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.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “In three to four sentences, explain the effects of lower interest rates on consumption and investments. ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers