High interest rates might ________ purchasing a house or car but at the same time high interest rates might ________ saving.

Question

Quizplus · Accepted Answer

High interest rates make borrowing more expensive, which can discourage people from taking out loans to purchase a house or car. However, high interest rates can also make saving more attractive by increasing the interest earned on savings accounts or other investments.

High Interest Rates Might ________ Purchasing a House or Car