In which part of the business cycle are interest rates falling?
A) expansion
B) peak
C) contraction
D) trough

Name: In which part of the business cycle are interest rates falling? A) expansion B) peak C) contraction D) trough
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Interest rates typically fall during the contraction phase of the business cycle as central banks lower rates to stimulate borrowing and investment, aiming to counteract the slowdown in economic activity.

In Which Part of the Business Cycle Are Interest Rates