If interest rates fall, the opportunity cost of spending money today rather than tomorrow

Name: If interest rates fall, the opportunity cost of spending money today rather than tomorrow
Brand: Quizplus
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Question

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When interest rates fall, the cost of borrowing money decreases, which makes it cheaper to spend money today. Therefore, the opportunity cost of spending money today rather than saving it for tomorrow decreases, because the cost of borrowing money in the future may increase again.

If Interest Rates Fall, the Opportunity Cost of Spending Money