When the interest rate rises,saving becomes ______ rewarding and borrowing becomes ______ costly.
A) Less, less
B) Less, more
C) More, less
D) More, more

Question

Quizplus · Accepted Answer

When the interest rate rises, saving becomes more rewarding because savers receive higher returns on their deposits, and borrowing becomes more costly because borrowers have to pay higher interest on their loans.

When the Interest Rate Rises,saving Becomes ______ Rewarding and Borrowing