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Here are the best resources to pass ECS 3701 ASSIGNMENT 1. Find ECS 3701 ASSIGNMENT 1 study guides, notes, assignments, and much more.
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ECS 3701 ASSIGNMENT 1
Exam (elaborations) • 12
pages
• 2021
1.01 When interest rates

[1] decrease, businesses will decrease their investment spending.

[2] increase, savers are worse off.

[3] increase, borrowers benefit.

[4] decrease, the cost of financing a house is lower.

Due to a decrease in interest rates, consumers would be more likely to purchase a

house or a car because the cost of financing their purchase is lower (as higher

rates could deter one from borrowing to buy a house or car).

On the contrary, higher interest rates could encourage ...
1.01 When interest rates

[1] decrease, businesses will decrease their investment spending.

[2] increase, savers are worse off.

[3] increase, borrowers benefit.

[4] decrease, the cost of financing a house is lower.

Due to a decrease in interest rates, consumers would be more likely to purchase a

house or a car because the cost of financing their purchase is lower (as higher

rates could deter one from borrowing to buy a house or car).

On the contrary, higher interest rates could encourage ...
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