Mathematics, 29.01.2020 08:58, naidaisha18

Why do interest rates on loans tend to be higher in a strong economy than in a weak one?
a. credit markets increase in a strong economy, and with increased demand come increased prices.
b. a strong economy encourages borrowers to take out very long-term loans, which have higher interest rates.
c. credit is plentiful in a strong economy, so it is harder to build up the good credit rating necessary for a low interest rate.
d. people in a strong economy have more money, so they can afford more expensive loans.

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 18:50, xlebrny1215

Which translation maps the vertex of the graph of the function f(x) = x2 onto the vertex of the function g(x) = x2 – 10x +2?

Answers: 1

continue

Mathematics, 21.06.2019 20:30, amandaaaa13

Asmall business produces and sells balls. the fixed costs are $20 and each ball costs $4.32 to produce. each ball sells for $8.32. write the equations for the total cost, c, and the revenue, r, then use the graphing method to determine how many balls must be sold to break even.

Answers: 1

continue

Mathematics, 22.06.2019 01:00, jasminebrown72

Mia’s gross pay is 2953 her deductions total 724.15 what percent if her gross pay is take-home pay

Answers: 1

continue

Mathematics, 22.06.2019 02:30, Brendah4962

Problem 3 a bank charges a service fee of $7.50 per month for a checking account. a bank account has $85.00. if no money is deposited or withdrawn except the service charge, how many months until the account balance is negative

Answers: 2

continue

Do you know the correct answer?

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