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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

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

    posted by Ms. Sue
  2. Is it c but i don't know what lowered interest rates are.

    posted by Bella
  3. 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.

    posted by Ms. Sue
  4. Ohhhhhh I understand now thank you so much!!!!

    posted by Bella
  5. You are very welcome.

    posted by Ms. Sue

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