Question

Which of the following statement is related to outcome of a fall in the bank rate?

• A. A decrease in lending rates, leading to decreased commercial activity.
• B. An increase in lending rates, leading to increased commercial activity.
• C. A decrease in lending rates, leading to increased commercial activity.
• D. An increase in lending rates, leading to decreased commercial activity.

Answer 1

Answer:

C. A decrease in lending rates, leading to increased commercial activity.

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