(1 point)
Most people are saving rather than buying houses.
In which economic situation would interest rates decrease?
(1 point)
Responses
Most people are saving rather than buying houses.
Average families are choosing to invest in new businesses.
High consumption is driving a surge in the services sector.
Increased job stability is encouraging workers to make big purchases.
5 answers
Maria Ivanov has owned a successful clothing boutique chain for 20 years. She has gone into debt several times to expand her business. Each time, she paid off the debt in full sooner than expected.
Question
Use the scenario to answer the question.
How will Maria’s record affect the loans she is offered?
(1 point)
Responses
She will be offered longer terms.
She will be offered longer terms.
She will be offered shorter terms.
She will be offered shorter terms.
She will be offered lower interest rates.
She will be offered lower interest rates.
She will be offered higher interest rates.
Question
Use the scenario to answer the question.
How will Maria’s record affect the loans she is offered?
(1 point)
Responses
She will be offered longer terms.
She will be offered longer terms.
She will be offered shorter terms.
She will be offered shorter terms.
She will be offered lower interest rates.
She will be offered lower interest rates.
She will be offered higher interest rates.
(1 point)
She will be offered lower interest rates.
She will be offered lower interest rates.
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1 answer