Ask Question
16 November, 06:23

What happens when interest rates are lowered?

+3
Answers (1)
  1. 16 November, 09:52
    0
    Wow this is a complicated question okay. So interest is basically like the fee you pay or the bank pays you. If interest was lowered for the bank they would pay you less while if interest rates where lowered for you, you would pay less to the bank.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What happens when interest rates are lowered? ...” in 📙 Social Studies 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