1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
klasskru [66]
4 years ago
14

How did rising interest rates affect americans

History
2 answers:
LuckyWell [14K]4 years ago
6 0

Answer:

❤️Higher interest rates increase the cost of borrowing, reduce disposable income and therefore limit the growth in consumer spending. Higher interest rates tend to reduce inflationary pressures and cause an appreciation in the exchange rate.❤️

Explanation:

-With higher interest rates, interest payments on credit cards and loans are more expensive.

-Increase in mortgage interest payments.

-Increased incentive to save rather than spend. Higher interest rates make it more attractive to save in a deposit account because of the interest gained.

-Rising interest rates affect both consumers and firms. Therefore the economy is likely to experience falls in consumption and investment.

-Reduced confidence. Interest rates affect consumer and business confidence. A rise in interest rates discourages investment; it makes firms and consumers less willing to take out risky investments and purchases.

Sloan [31]4 years ago
5 0

Answer:Americans had to pay higher interest on loans

Explanation:

You might be interested in
Which geographic pattern is illustrated on the above map?
BigorU [14]

The correct answer is Early civilizations formed near freshwater sources

Explanation:

The map presented shows the location of early civilizations including the Nile River Valley civilization in Africa, the Indus River Civilization in Asia, the Mesopotamian civilization in western Asia, and the Yellow River valley civilization in Asia. Moreover, the map shows all of these civilizations develop near rivers, for example, the Mesopotamia civilization developed between the Euphrates and the Tigris river. This common feature was caused by the need of early human civilizations to have a constant supply of water for survival and agriculture. According to this, the pattern showed is that "early civilizations formed near freshwater sources".

7 0
4 years ago
Did Massachusetts home differ from the Pequot ? If so how
irinina [24]

Answer:

Pequot War, war fought in 1636–37 by the Pequot people against a coalition of English settlers from the Massachusetts Bay, Connecticut, and Saybrook colonies and their Native American allies (including the Narragansett and Mohegan) that eliminated the Pequot as an impediment to English colonization of southern New England

Explanation:

he Pequot War (1637–1638) was a conflict between the Pequot tribe and the English colonists of the Massachusetts Bay, Plymouth, and Saybrook. Small Planet Communications,

6 0
3 years ago
What is the last stage in creating a new public policy?
marshall27 [118]

Answer:

I really hope this helps

Explanation:

These six stages overlap each other, with additional mini-stages, in a process that never really ends.

7 0
3 years ago
Read 2 more answers
Practice question 1 of 2
aivan3 [116]

Answer:

B

Explanation:

ik bc I'm right thank you

8 0
3 years ago
When did the transatlantic slave trade start?
zepelin [54]
The transatlantic slave trade began in the 15th century<span>, after the Portuguese started exploring the coast of West Africa.</span>
6 0
3 years ago
Other questions:
  • Spains enonomy was based on the system of mercantilism under which
    15·1 answer
  • How do bank loans help the nation’s economy?
    11·2 answers
  • How did Marco Polo help shape European ideas about China?
    10·2 answers
  • Federalist were supporters of
    13·2 answers
  • What action did Nixon take that provided temporary relief from stagflation in 1971?
    13·1 answer
  • COLD WAR IS KICKING MY BUT! PLEASE HELP MMMMEEEEEEEEE
    12·1 answer
  • ASAP! According to the theories of Alfred T. Mahan... *
    5·1 answer
  • 1. How many years passed between Rome's early days as a sleepy little settlement and its invasion in the 5th-century-CE?
    6·1 answer
  • Who was Fatima Meer and Pius Langa​
    11·2 answers
  • So i need help with this question if ur good at history
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!