0
Who has the authority to lower or raise interest rates to discourage or encourage the borrowing and spending of money?
Wiki User
∙ 10y ago
Federal Reserve
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Why does high interest rate discourage people from holding their money in cash?
They can earn interest on the cash if it is invested.
The Federal Reserve can change the interest rate to help the economy What is the interest rate?
the cost of borrowing money
Who benefit from borrowing?
Generally the lender, whose profits are all from the interest.
What does interest rate represents in terms of the demand for money?
the price of borrowing money
What is an interest rate?
The interest rate is the cost of borrowing money, expressed as a percentage, usually over a period of one year.
Who has the authority to lower or raise interest rates to discourage or encourage the borrowing and spending money?
Federal Reserve
Cost of borrowing or price of borrowing?
Interest to be paid on the principle-or amount borrowed.
What tools are often used by the Federal Reserve to stimulate borrowing and spending?
Some of the tools used by the Federal Reserve to stimulate borrowing and spending include changing of bank rates and altering the interest rates on treasury bills. Treasury bills with high interest rates encourage people to save.
The cost of borrowing money is called the?
The cost of borrowing money is called interest.
What do you call a charge for borrowing money?
a debtor with a dick
Why interest is not written in operating expenses in income statement?
Borrowing is a financing decision not an operating decision thus interest which derives from borrowing is not classified as operating either.
Against religion Muslims borrow money with interest?
Yes, borrowing money with interest is forbidden in Islam. Even borrowing money is seen as something unfavourable.
The primary concern or goal of an interest group is?
The ultimate goal of any interest group is to have their specific interests met, especially concerning laws and decisions made in Congress.
What is the amount charged for borrowing money called?
Interest.(:
What is the amount of money charged for borrowing money?
Interest
What is a charge levied for borrowing money?
Interest e2020!
What do you call the fee charged for borrowing money?
Interest.
