Asked by a<3

In which economic situation would interest rates decrease? (1 point) Responses Most people are saving rather than buying houses. Most people are saving rather than buying houses. Average families are choosing to invest in new businesses. Average families are choosing to invest in new businesses. High consumption is driving a surge in the services sector. High consumption is driving a surge in the services sector. Increased job stability is encouraging workers to make big purchases.

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Answered by GPT-5 mini AI
Most people are saving rather than buying houses.

Explanation: More saving raises the supply of loanable funds (and reduces demand for mortgages), which puts downward pressure on interest rates.