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NeX [460]
4 years ago
15

When interests rates are high, it costs less money to borrow money. please select the best answer from the choices provided t f?

History
2 answers:
Vera_Pavlovna [14]4 years ago
5 0

The sentence is False

The interest rate or interest rate, in economy, is the amount that is paid in a unit of time for each unit of capital invested. It can also be said that it is the interest of a unit of currency in a unit of time or the yield of the unit of capital in the unit of time. Therefore, the higher the interest, the more it costs to borrow money.

Lapatulllka [165]4 years ago
3 0

The Answer would indeed be False

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