danielabalboa0290 danielabalboa0290
  • 11-02-2021
  • Social Studies
contestada

if interest rates are high people invest more in economy? true or false

Respuesta :

0987yt6r5dhjfy
0987yt6r5dhjfy 0987yt6r5dhjfy
  • 11-02-2021

Answer:  yes

Explanation:  An explanation of how the rate of interest influences the level of investment in the economy. Typically, higher interest rates reduce investment, because higher rates increase the cost of borrowing and require investment to have a higher rate of return to be profitable

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