Loading

Module 1: Economic activity

Notes
Study Reminders
Support
Text Version

Set your study reminders

We will email you at these times to remind you to study.
  • Monday

    -

    7am

    +

    Tuesday

    -

    7am

    +

    Wednesday

    -

    7am

    +

    Thursday

    -

    7am

    +

    Friday

    -

    7am

    +

    Saturday

    -

    7am

    +

    Sunday

    -

    7am

    +

XSIQ
*

Economics - Interest Rates

Interest Rates

Interest rates [1] are primarily determined by actions of the Reserve
Bank of a country. A wide range of interest rates exist, including cash
rates, mortgage rates, credit card rates and business loan rates. An
increase in interest rates will mean the rates on deposits and on loans
both go up. This is likely to mean less borrowing and spending by
households and businesses, and more saving. and as well as will
decrease.

Previous | Next

Links:
------
[1] http://alison.com/#