jpbal6231 jpbal6231
  • 11-10-2021
  • Business
contestada

what happens to consumer and business spending when the interest rates go up?

Respuesta :

marielenriquez092804
marielenriquez092804 marielenriquez092804
  • 11-10-2021

Answer:

When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop.

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