interest rates
- Created by: Muskaan Dhaliwal
- Created on: 06-08-19 15:04
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- interest rates
- interest is added to loans and savings
- low interest rates lead to increased spending
- low interest rates means money is cheaper to borrow
- you get less interest when u save money at the bank
- high interest rates lead to decreased spending
- borrowing money becomes expensive
- savers get better returns on their investements
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