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From course:

GCSE Business 2020-2022 OCR

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Question:

What would High Interest Rates do to Businesses Directly?

Author: eric_galvao



Answer:

-Loans will become more Expensive - Lowering Rate of Expansion or Competition -Costs Increase due to Existing Loans, Overdrafts will be Higher -Business may Save rather then Take Out - Lowering Investment -Business may Default


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