Which of the following statements is most correct?

Question

Quizplus · Accepted Answer

There is evidence that high interest rates are correlated with lower levels of growth. When interest rates are high, it becomes more expensive for individuals and companies to borrow money for investments and expenditures, which can lead to lower levels of economic growth. However, it is not accurate to say that high interest rates "cause" recessions, as there are many other factors that can contribute to an economic downturn. Central bankers may raise interest rates in order to cool down an overheating economy or combat inflation, but this is not necessarily the primary reason for a recession.

Which of the Following Statements Is Most Correct