Business - macro

What is an interest rate?

You have been chosen for the £10,000 cash prize. Is it better for your interest rates to be high or low if you opt to save the money in a bank account.

High interest rates would be better

Low interest rates would be better

If interest rates lower, are you more or less likely to spend money as a customer/ consumer?

Who decides what rate interest should be set at?

What is the current interest rate?

What effect would an increase in company profits have on a business?

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