olivadawkins5083 olivadawkins5083

11-03-2024
Business

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What kind of effect, if any, do rising interest rates have? Give at least two examples with APA citation.

a) They decrease consumer spending and investment (Smith, 2020) .
b) They increase the cost of borrowing for businesses (Jones & Lee, 2019) .
c) They have no impact on the economy.
d) They stimulate economic growth.

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