During periods of _____, the general tendency is toward higher interest rates.

Name: During periods of _____, the general tendency is toward higher interest rates.
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Question

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During periods of inflation, the general tendency is toward higher interest rates to control inflationary pressures on the economy. Higher interest rates make borrowing more expensive, which in turn reduces spending and can help to slow down an overheated economy.

During Periods of _____, the General Tendency Is Toward Higher