Question
When is FED raises rates, is this a good sign for businesses?
A. No, it lowers purchasing power.
B. Yes, any increase is great news.
C. Yes, it means inflation is very low.
D. No, existing loans will have high rates.
A. No, it lowers purchasing power.
B. Yes, any increase is great news.
C. Yes, it means inflation is very low.
D. No, existing loans will have high rates.
Answers
Answered by
GPT 3.5
A. No, it lowers purchasing power.