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Economics A Level (DONEEEEEEE)

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Pregunta:

How can the Avalibility of Credit to Banks influence Interest Rates?

Autor: eric_galvao



Respuesta:

-Banks need to Borrow in order to Lend basically. If Tons of Banks are doing that, then they will pay a Higher Rate, meanng the Cost of Mortgages and Loans will Increase as well


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