Question

    A low interest policy is also known as :

    A dear money policy Correct Answer Incorrect Answer
    B income generating policy Correct Answer Incorrect Answer
    C cheap money policy Correct Answer Incorrect Answer
    D investment policy Correct Answer Incorrect Answer

    Solution

    A low interest policy is also known as Cheap money policy. Lower interest rates makes it cheaper to borrow. Low interest rate created a macroeconomic environment. It is a concept describing conditions with a very low nominal interest rate

    Practice Next

    Relevant for Exams: