ECONOMICS
SAVING AND INVESTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Amount, interest and credit
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Amount, interest and time
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Amount, stock and time
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Interest, stocks and time
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Detailed explanation-1: -Interest rates. Higher interest rates mean that households will gain a higher rate of return on depositing savings in a bank. Income levels/Economic growth. Rising income levels will lead to a rise in total saving levels. Income distribution. Wealth. Confidence. 06-Jan-2021
Detailed explanation-2: -The three variables that affect saving money are: b. amount, interest, and time.
Detailed explanation-3: -The interest rate for each different type of loan depends on the credit risk, time, tax considerations, and convertibility of the particular loan.
Detailed explanation-4: -When interest rates decline, savings account rates also drop. When interest rates rise, savings account rates are bid up. Generally speaking, central banks and governments support low-interest rate environments. This artificially pushes down the rates earned everywhere else in the economy.
Detailed explanation-5: -Inflation. Stock market conditions. International Investors. Fiscal deficit and government borrowings. 08-Aug-2022