subject
History, 02.04.2020 23:58 josephv80

“Interest rates are down to the lowest they have been in ten years! Hurry by and get the loan you have been wanting! You can buy that car! Build the addition! Go on an amazing vacation! These rates won’t last long!”–Newspaper ad

What does this advertisement tell you about the current economy?

Banks lowered the interest rates they charge for loans. The money supply will decrease, leading to fewer sales for many businesses.
Banks lowered interest rates to decrease the money supply. People will get fewer loans and purchase more products and services.
Banks lowered the interest rates they charge for loans. The money supply will increase, leading to more sales for many businesses.
Banks lowered interest rates to increase the money supply. People will get more loans and purchase fewer products and services. (PERSON WHO ANSWERS THIS CORRECTLY GETS 50 POINTS)

ansver
Answers: 1

Another question on History

question
History, 21.06.2019 20:00
How did settlers decide where to live ?
Answers: 1
question
History, 22.06.2019 00:30
What were four reasons for the decline of spain as a world power
Answers: 2
question
History, 22.06.2019 11:40
Quick! what was germany’s main goal after world war i? a) to the united states develop the plan for the league of nations b) to make france return all of the territory it had occupied during the war c) to remain a world power d) to become allies with the united kingdom
Answers: 1
question
History, 22.06.2019 13:20
What was the primary purpose of the proclamation of 1763?
Answers: 1
You know the right answer?
“Interest rates are down to the lowest they have been in ten years! Hurry by and get the loan you ha...
Questions
question
History, 10.11.2020 14:00
question
Biology, 10.11.2020 14:00
question
Mathematics, 10.11.2020 14:00
question
Mathematics, 10.11.2020 14:00