barly3 barly3
  • 15-10-2020
  • Social Studies
contestada

Explain the relationship between inflation and interest rates?
(Econ)

Respuesta :

salsam1210 salsam1210
  • 15-10-2020

Answer:

There is a general tendency for interest rates and the rate of inflation to have an inverse relationship. ... In general, when interest rates are low, the economy grows and inflation increases. Conversely, when interest rates are high, the economy slows and inflation decreases.

Explanation:

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