SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Economics A Level (DONEEEEEEE)

» Start this Course
(Practice similar questions for free)
Question:

How can the Avalibility of Credit to Banks influence Interest Rates?

Author: eric_galvao



Answer:

-Banks need to Borrow in order to Lend basically. If Tons of Banks are doing that, then they will pay a Higher Rate, meanng the Cost of Mortgages and Loans will Increase as well


0 / 5  (0 ratings)

1 answer(s) in total