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In Social Studies / College | 2025-07-05

What effects do low interest rates have on the economy?

Asked by catie97640987654325

Answer (1)

Low interest rates can stimulate economic growth by increasing consumer spending and encouraging business investments. However, they may also discourage saving, impacting long-term economic stability. Overall, the interplay of these factors shapes the economic landscape during periods of low interest rates. ;

Answered by GinnyAnswer | 2025-07-05

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