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Serjik [45]
4 years ago
6

Which statement best describes the effects of low and high interest rates on the economy?

Social Studies
2 answers:
Elena-2011 [213]4 years ago
8 0

I believe the answer is: Low interest rates encourage consumers to borrow and spend, while high interest rates encourage saving.

Which is why banks tend to give low interest rates when the economy is doing well, in order to promote growth to all available economic sectors. High interest rates on the other hand, tend to be implemented during inflation. When people are encouraged to save, the amount of money circulated in the market would be reduced, and the values of the currency would go up.

podryga [215]4 years ago
6 0
<span>Low interest rates encourage consumers to borrow and spend, while high interest rates discourage such behavior.</span>
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hear

Explanation:

the idea of not being able to see scares me I guess hdjdksos

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Pretend to be a newspaper reporter. Research and write a news story about Thomas Edison. Include information about who he was an
trasher [3.6K]

Answer: Thomas Edison was born on February 11, 1847 and slept to death on October 18, 1931. He was an American, a businessman and was described as America's greatest invertor

Explanation:

Thomas Edison was born on February 11, 1847 and slept to death on October 18, 1931. He was an American, a businessman and was described as America's greatest invertor. He was well known in the power sector where he developed many devices across the following field; mass communication, power generation, sound recording and motion pictures. His inventions has gone to have a widespread application world wide, like the phonograph, the motion camera and electric bulb. He worked with a team who joined him in the inventions, this was the first if it's kind, with this cooperation He established the first industrial research laboratory.

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3 years ago
Charismatic leaders are most often likely to use a(n) ____ power base.
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3 years ago
The apartheid system in south africa was an example of legal discrimination. please select the best answer from the choices prov
Tpy6a [65]

The racial segregation policy which is known as the Apartheid system was implemented from 1948 to 1990. Thus, this statement is true.

<h3 /><h3>What do you mean by Apartheid System?</h3>

Apartheid was a legal political and social system in South Africa and was characterized by white minority law.

Discrimination was based on the color of a person's skin, and people of different races were forced to live separately.

Apartheid was an example of legal discrimination as there were laws that maintained and enforced that division.

Black people were not allowed to enter certain parts of the country and had to wear special passports to apply for a residence and work permit.

Interracial marriages were not allowed and black people could not own land in white areas.

Apartheid System was officially banned in 1994 by the power of the new Constitution.

Thus, this statement is true.

To learn more about Apartheid System, refer:

brainly.com/question/904901

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Answer:

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