vanderwerfen
contestada

Does a low interest rate encourage people to borrow or to save? Explain. (1 point)
A. A low interest rate encourages people to save because interest rates are paid to savers by borrowers, so a low interest rate means a low opportunity cost for saving.
B. A low interest rate encourages people to save because interest rates are paid to borrowers by savers, so a low interest rate means a low opportunity cost for saving.
C. A low interest rate encourages people to borrow because interest rates are paid to savers by borrowers, so a low interest rate means a low opportunity cost for borrowing.
D. A low interest rate encourages people to borrow because interest rates are paid to borrowers by savers, so a low interest rate means a low opportunity cost for borrowing.​

Respuesta :

ayfat23

It should be noted that low interest rate encourages people to borrow because interest rates are paid to borrowers by savers.

What is interest rate?

Interest rate serves as the amount that the leader charges for lending money out.

However, low interest rate means a low opportunity cost for borrowing.

learn more about interest rates at;

https://brainly.com/question/25545513

Answer:

A low interest rate encourages people to borrow because interest rates are paid to savers by borrowers, so a low interest rate means a low opportunity cost for borrowing.

Explanation: I did it

Otras preguntas