Answered

Westonci.ca makes finding answers easy, with a community of experts ready to provide you with the information you seek. Our platform provides a seamless experience for finding reliable answers from a knowledgeable network of professionals. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

ITS TIMED!!!How did lower interest rates help economic growth?

It created opportunities to reduce personal and government debt.
It allowed businesses to increase benefits and wages for employees.
It helped people borrow money to use to purchase products and services.
It forced the government to increase spending on federal and state projects.

BTW, it's either 1 or 3

Sagot :

angelicaj625

Explanation: The Fed lowers interest rates in order to stimulate economic growth. Lower financing costs can encourage borrowing and investing. However, when rates are too low, they can spur excessive growth and perhaps inflation. ... Rate increases are used to slow inflation and return growth to more sustainable levels.

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We're glad you visited Westonci.ca. Return anytime for updated answers from our knowledgeable team.