quiz\nquestion 6 of 10\nhow does lowering interest rates by a governments central bank affect the…

quiz\nquestion 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

quiz\nquestion 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

Answer:

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

Brief Explanations:

When central - bank lowers interest rates, borrowing becomes cheaper. This encourages businesses and consumers to take loans and spend more, which boosts economic activity.