Advanced LeveleconomicsSingle Choice

How do interest rates affect your financial decisions?

Answer Options:

A

High interest rates are always good for everyone

B

Interest rates don't affect personal financial decisions

C

Higher rates make borrowing expensive but savings attractive, lower rates opposite

D

Interest rates only affect business loans, not personal finance

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1
Times Attempted
100%
Success Rate
#182
Question ID

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This question is part of our comprehensive financial literacy quizzes designed for Indian teens.