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financial services will usually not be affected by:multiple choice question.interest rate consumer prices.

User Jalanda
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Final answer:

Financial services are usually not affected by temporary consumer price changes due to weather events, as these do not significantly influence long-term economic policy or interest rates.

Step-by-step explanation:

Financial services are typically influenced by a variety of factors, but certain events like changes in consumer prices related to energy and food can result from temporary issues such as weather conditions, rather than underlying economic policies. For example, during Hurricane Katrina, gasoline prices surged due to the temporary disruption of supply, leading to a significant but short-lived spike in costs that did not steer the core inflation index or the Federal Reserve's interest rate decisions. Additionally, instances like droughts might trigger global hikes in food prices without affecting the nation's long-term economic health.

In conclusion, financial services are not usually affected by consumer price alterations driven by temporary and external factors such as weather events. Instead, they are more directly impacted by changes in supply and demand which lead to movements in interest rates, as these can influence the cost of borrowing and the competitive landscape for lenders and borrowers.

User Alex Krotnyi
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