When interest rates rise,potential income for farmers ________ and their future income becomes _______.
A)falls;more valuable
B)rises;more valuable
C)falls;less valuable

Question

Quizplus · Accepted Answer

When interest rates rise, it becomes more expensive for farmers to borrow money to plant crops or purchase equipment. This could lead to a decrease in potential income for farmers. Additionally, when interest rates rise, other investments such as bonds become more attractive, potentially drawing investment away from agriculture. Therefore, their future income becomes less valuable.

When Interest Rates Rise,potential Income for Farmers ________ and Their