question 6 of 10\nhow does lowering interest rates by a governments central bank affect the economy?\nit…

question 6 of 10\nhow does lowering interest rates by a governments central bank affect the economy?\nit makes the economy weaker since it makes loans and credit cards more expensive and increases inflation\nit helps strengthen the economy since it doesnt change the way people spend money\nit helps strengthen the economy since loans and credit cards are cheaper and spending money is easier\nit helps make the economy weaker since loans and credit cards are cheaper and spending money is more difficult

question 6 of 10\nhow does lowering interest rates by a governments central bank affect the economy?\nit makes the economy weaker since it makes loans and credit cards more expensive and increases inflation\nit helps strengthen the economy since it doesnt change the way people spend money\nit helps strengthen the economy since loans and credit cards are cheaper and spending money is easier\nit helps make the economy weaker since loans and credit cards are cheaper and spending money is more difficult

Answer

Brief Explanations:

When a central - bank lowers interest rates, borrowing becomes cheaper. This encourages individuals and businesses to take out loans and use credit cards more, which in turn increases spending. Increased spending stimulates economic growth.

Answer:

It helps strengthen the economy since loans and credit cards are cheaper and spending money is easier