Which of the following would not be a consequence of negative interest rates?
A)Peopleâ€™s deposits in banks would have shrinking balances over time.
B)People would get paid to borrow money.
C)People would want to put more money in banks.
D)People would rather hold cash than bank deposits.

Question

Quizplus · Accepted Answer

Negative interest rates would discourage people from depositing money in banks, as they would effectively lose money over time, leading them to prefer holding cash or seeking other investment opportunities.

Which of the Following Would Not Be a Consequence of Negative