Studies have shown significant spending changes arise from interest rate changes after
A)a few days.
B)a few weeks.
C)a few months.
D)about a year and a half..

Question

Quizplus · Accepted Answer

Studies have shown that it takes a few months for significant spending changes to arise from interest rate changes. This is because interest rates affect borrowing costs and investment returns, which take time to translate into changes in consumer behavior.

Studies Have Shown Significant Spending Changes Arise from Interest Rate