When interest rates rise, how might businesses and consumers change their economic behavior?

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asked Jul 5, 2018 1.2k views

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Louis Wasserman · Answer 1 · 2018-07-10T19:01:32+0000

When the the interest rates increase then people and corporations will be much more hesitant to taking out loans. people and corporations will also be much more likely to save.

When interest rates rise, how might businesses and consumers change their economic behavior?

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