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Every bit of Financial Charge or increase therein would ultimately affect the end user of consumer good on which such is aimed at...
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Why interest rate has no affect on the aggregate demand?
The interest rate does affect aggregate demand. As the interest rate falls, aggregate demand increases and vice-versa.
How interest rate affect households?
If your interest is high then the money remain with you will be low to support your need. On the contrary you will be left with more money if the interest rate is low.
What are some financial variables that affect the price earnings ratio?
interest rate
Does the federal government influence interest rates?
The Federal Reserve, which is a part of the federal government, sets the Prime Rate, which is a rate which banks loan to each other and also the rate at which banks can borrow from the federal government. This prime rate, in turn, affects the interest rates which consumers pay for loans.
How does inflation affect interest rates?
if an interest rate is high, it is likely that inflation is also high. Generally, one doesn't affect the other so much as measure the other.
Why interest rate has no affect on the aggregate demand?
The interest rate does affect aggregate demand. As the interest rate falls, aggregate demand increases and vice-versa.
How interest rate affect the sa economy?
how interest rates affect the sa economy
What is a comparison rate and why is it handy for consumers?
A comparison rate in Australia must be quoted by lenders who offer home loans and personal loans. The comparison rate is handy for consumers because it allows consumers to see the total "real" interest rate as it must include fees and other charges that would not normally be included within an interest rate.
What is the highest interest rate allowed by law for consumers in the state of Ohio?
29%
What is the average interest rate?
As of July 2014, the national average interest rate is 5.159. However, this will change as months go by. The interest rate changes often.
What is the national average right now for mortgage interest rates?
The national average for a 30 year fixed mortgage rate is 4.89%. This rate can either increase or decrease depending on the loan ammount. As of March 6, 2010, the national average mortgage interest rate for a 30 year fixed rate loan is 5.31%. The national average mortgage interest rate for a 15 year fixed rate loan is 4.68%.
Does your credit score affect the interest rate when you apply for home financing?
Your credit score can possibly affect your interest rate when you apply for home financing. If you have a low credit score, you are considered a higher risk to the bank, and therefore, they may raise your interest rate.
How interest rate affect households?
If your interest is high then the money remain with you will be low to support your need. On the contrary you will be left with more money if the interest rate is low.
How do these corner fincnce companies get away with charging consumers outrageous interest rates?
If people don't agree with the interest rate, they do not have to accept the loan.
What is the definition of Prime Lending Rate?
Prime Rate or Prime Lending Rate is a term applied in countries to reference an interest rate used by banks. In the past, the term indicated the rate of interest at which banks lent to favored agents (those with good credit), however, this is not always the case. Many interest rates are expressed as a percentage above or below Prime Lending Rate.
What agency sets the interest rate on loans?
The agency responsible for setting interest rates on loans is the Federal Reserve Board. The interest rate on loans is tied into the rate of inflation and the GNP or Gross National Product.
What is the typical interest rate on a new mortgage?
The typical interest rate on a new mortgage can range greatly and depends very much on whether it is a fixed or a tracker mortgage. A tracker mortgage follows the national interest rate while the typical fixed interest rate is roughly 3.14%.
