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Sagot :
(c) people will try to get rid of money causing interest rates to rise.
What do you mean by interest rate?
An interest rate tells you how high the cost of borrowing is, or high the rewards are for saving. So, if you're a borrower, the interest rate is the amount you are charged for borrowing money, shown as a percentage of the total amount of the loan.
Interest rates are one of the most important aspects of the economic system. They influence the cost of borrowing, the return on savings, and are an important component of the total return of many investments. Moreover, certain interest rates provide insight into future economic and financial market activity.
Interest rate levels are a factor of the supply and demand of credit: an increase in the demand for money or credit will raise interest rates, while a decrease in the demand for credit will decrease them.
How is interest rate calculated?
Here's the simple interest formula:
                   Interest = P x R x T
P = Principal amount (the beginning balance).
R = Interest rate (usually per year, expressed as a decimal).
T = Number of time periods (generally one-year time periods).
To learn more about Interest rate from the given link
https://brainly.com/question/25720319
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