The _____ environment of your country affects the interest rates you pay on your mortgage and credit cards as well as those you earn on savings accounts and bonds.

Question

Quizplus · Accepted Answer

Interest rates are directly influenced by economic conditions such as inflation, unemployment, and GDP growth. Political, technological, social, and legal environments also play a role in shaping economic conditions, but they do not directly affect interest rates.

The _____ Environment of Your Country Affects the Interest Rates