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What else can I help you with?
Which situation most likely results when the government raises interest rates to Banks?
Fewer citizens borrow money to buy houses or cars
What is the significance of interest Rates for an economy?
the significance is that the government profit from specific interest rates in an economy
How beneficial are CD interest rates?
What is beneficial about CD interest rates is that they are constant for the specified period of time. Sometimes interest rates can go up or down but CD interest rates would stay the same.
Why might it be a bad idea to create money to cover budget deficits?
Printing money to cover deficits creates inflation. This raises interest rates and prices which usually leads to more government expenditure and larger deficits.
If the country is in a recession what will the government do to the interest rates to stimulate the economy?
lower
How do you eliminate the contractionary gap?
The government can lower taxes or interest rates.
What interest rates do Mechanics Bank offer?
Like most banks Mechanics Bank's interest rates depend upon the rates set forth by the government. Which means that you will have to check with your local bank to find out what the rates are now.
Why does the Federal Reserve cut interest rates?
banking economics us government
What did Paul Keating's government believe in?
Unbelievably high interest rates. "The recession we had to have"...
What is the prime interest rate?
The "Prime Interest Rate" is the interest rate used by banks to base all their loan interest rates (and sometimes other interest rates) on and is usually lower than the lowest rate charged on loans to customers with the best credit ratings.
Are interest rates on government bonds usually calculated on the face value of the bond?
The interest earned on government bonds is calculated on the face value of the bond plus the interest that has been earned on the bond.
What interest rates are charged to people with bad credit at payday advance companies?
People with bad credit sometimes turn to payday loans at payday advance companies. These loans can have exorbitant interest rates, sometimes being as much as 400% APR.
