Ask Question
31 August, 19:31

Why do interest rates on loans tend to be lower in a weak economy than in a strong one?

+5
Answers (2)
  1. 31 August, 20:07
    0
    C

    Step-by-step explanation:

    took test
  2. 31 August, 20:42
    0
    Why do interest rates on loans tend to be lower in a weak economy than in a strong one?

    The interest rates on loans tend to be lower in a weak economy than in a strong one because in a weak economy there is less demand for credit so the rates are lesser. In a stronger economy, the credit market demand is higher so as the demand increases the rate also increases.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Why do interest rates on loans tend to be lower in a weak economy than in a strong one? ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers