What does decreasing interest rates do to the economy? A. Slows it down B. Speeds it up C. Increase production D. Produces inflation. Need help fast:)

In general, as interest rates are reduced, more people are able to borrow more money. The result is that consumers have more money to spend. This causes the economy to grow and inflation to increase. The opposite holds true for rising interest rates. but your answer is D

Explanation:

The lower the interest rate, the more willing people are to borrow money to make big purchases, such as houses or cars. When consumers pay less in interest, this gives them more money to spend, which can create a ripple effect of increased spending throughout the economy.

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