business hw
- Created by: jamaal123
- Created on: 29-04-14 08:03
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- interest rates
- Credit is borrowed money
- Interest is the reward for lending and the cost of borrowing.
- Firms that make luxury goods are hit hardest when interest rates rise.
- Customers with debts have less income to spend because they are paying more interest to lenders
- Firms with overdrafts will have higher costs because they must now pay more interest.
- Political short-term gain
- Risks of investment
- Taxes
- Alternative investments
- Credit is borrowed money
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