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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

Lower interest rates are likely to : - Economics

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Question

Lower interest rates are likely to :

Options

  • Decrease in consumption

  • increase cost of borrowing

  • Encourage saving

  • increase borrowing and spending

MCQ

Solution

increase borrowing and spending

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Investment Function
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Chapter 4: Consumption and Investment Functions - Model Questions [Page 72]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 4 Consumption and Investment Functions
Model Questions | Q 8. | Page 72
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