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Why would banks offer lower interest rates for loans? a) to encourage savings b) to discourage spending c) to encourage people to borrow money d) to discourage people to borrow money
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1 vote
Why would banks offer lower interest rates for loans?

a)
to encourage savings

b)
to discourage spending

c)
to encourage people to borrow money

d)
to discourage people to borrow money

User Jake Spencer
by
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2 Answers

5 votes

Answer:c

Step-by-step explanation:

User Bbkglb
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6.6k points
2 votes
c) to encourage people to borrow money 
User Mahmood Dehghan
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6.2k points
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