Question
A low interest policy is also known as :
Answer: Option B
Answer: (b)
Cheap money policy involves loans or credit with a low interest rate, or the setting of low-interest rates by the central bank of the country. Cheap money is good for borrowers but bad for investors.
The cheap money policy was one of the primary catalysts of the 2008 recession.
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Answer: (b)
Cheap money policy involves loans or credit with a low interest rate, or the setting of low-interest rates by the central bank of the country. Cheap money is good for borrowers but bad for investors.
The cheap money policy was one of the primary catalysts of the 2008 recession.
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