moreeee ss

posted by Bella

22. When the federal reserve lowered interest rates falling that 2001 recession, what did more people start to do?
A. Buy homes
B. Default on loans
C. Invest in dot-coms
D. Sell stock shares

  1. Ms. Sue

    If you don't know the answer, you don't understand what lowered interest rates are.

  2. Bella

    Is it c but i don't know what lowered interest rates are.

  3. Ms. Sue

    No, most people were not interested in investing in dot.com businesses. They wanted to own a home. When interest rates are low, that's the time to buy a house.

    Interest rates are the money charged by banks for loans, mortgages, and charge cards.

  4. Bella

    Ohhhhhh I understand now thank you so much!!!!

  5. Ms. Sue

    You are very welcome.

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