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Which of the following would be a likely result if interest rates are high?

A) people would save money
B) people would pay less taxes
C) people would buy more houses
D) people would have more job opportunities

2 Answers

6 votes

Answer: A

Explanation: " Interest rates are a factor in borrowing and saving money. A person who has a savings account at a bank earns interest based on the amount of money in the account. If interest rates are high, people might be more likely to save money. "

User Sachin
by
6.8k points
6 votes
it's D i know this cozz i did this before.

Hope this helps you

A:)
User Rynd
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6.7k points