Which statement best explains why interest rates are important when saving money?
A lower interest rate allows someone's debt to grow more quickly
The higher the interest rate the more cost to save money in a bank
The higher the interest rate helps someone's money grow larger over time
The lower the interest rate, the less it costs tk save money in a bank
Answers: 3
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All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
Answers: 1
Which statement best explains why interest rates are important when saving money?
A lower interest...
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