answersLogoWhite

0

If firms do not grow, there is more unemployment, and the economy shrinks. Moreover, foreign investment entering the country because of high interest rates is speculative. This money can get out at any time, is different from capital coming into a factory to build or improve a company.

Economic growth means more jobs and increase purchasing power of the population.

The Brazilian has had enough with astronomical fees, where prices were increasing literally every day. Today we went through a lull, but is heavily criticized by business leaders, condemning the rise in interest rates to control inflation, which creates a very small growth of the economy. This equilibrium point Brazil has not yet found.

User Avatar

Wiki User

14y ago

What else can I help you with?