In general, when the cost of credit declines,
A) Unemployment rises
B) Total spending decreases
C) Production is cut back
D) More jobs are created
E) The economy's rate of growth slows down

Question

Quizplus · Accepted Answer

When the cost of credit declines, it becomes cheaper for businesses to borrow money. This can lead to increased investment in capital, expansion of operations, and hiring of more employees, thereby creating more jobs.

In General, When the Cost of Credit Declines