<em>Interest rates are the cost the borrower has to pay to the lender</em>, it is usually charged as a monthly or annual percentage in the payments to pay the total amount of the loan, so when the interest rates are reduced, it is cheaper to the borrow money. Interest rates can be seen as the price to pay for the amount borrowed, but also as the price a bank pays when people save money.
Borrow more money would be the most fitting. When you think about what interest rates are it is the cost of borrowing an amount of money until it can be repaid.<span />
The glorious revolution of 1688 in Britain had given more
power to the House of Commons in parliament and to King William II and
Queen Mary II. The combination of the power from the parliament and the King and
Queen made the platforms of the government more credible and reliable.
The 38th parallel is a “popular name given to latitude 38° N that in East Asia roughly demarcates North Korea and South Korea.” (Source: Britannica.com)
