Why do interest rates on loans tend to be lower in a weak economy than in a strong one? a. A weak economy tends to have low inflation, so interest rates drop to match.
b. Borrowers in a weak economy are less likely to default on their loans, so interest rates are
correspondingly low.
c. In a weak economy there is less demand for credit, so the price drops.
d. The strength or weakness of an economy is determined by interest rates; low interest rates actually
cause a weak economy
Please select the best answer from the choices provided
Ο Α
OB
ОС
D
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C. In a weak economy there is less demand for credit, so the price drops.

Step-by-step explanation:

step-by-step explanation:

if you want to solve percent error follow these steps.

1. subtract the accepted value from the experimental value.

2. take the absolute value of step 1.

3. divide that answer by the accepted value.

4. multiply that answer by 100 and add the % symbol to express the answer as a percentage.

if you want to solve percent of change just do this.

1. work out the difference (increase) between the two numbers you are comparing.

2. divide the increase by the original number and multiply the answer by 100. if your answer is a negative number then this is a percentage decrease.

hope this : )