Increased demand for new homes due to low interest rates is an example of the impact of the ___________ environment.
A) technological
B) cultural
C) competitive
D) economic
E) social

Question

Quizplus · Accepted Answer

The increased demand for new homes is a direct result of the economic environment, specifically low interest rates. Factors such as interest rates, inflation, employment, and government policies are all part of the economic environment.

Increased Demand for New Homes Due to Low Interest Rates