The _____ environment of your country affects the interest rates you pay on your mortgage and credit cards as well as those you earn on savings accounts and bonds.
A)economic
B)education
C)technological
D)social
E)legal

Question

Quizplus · Accepted Answer

The economic environment influences interest rates for mortgages, credit cards, savings accounts, and bonds because it encompasses factors like inflation, economic growth, and monetary policy that directly affect lending and borrowing costs.

The _____ Environment of Your Country Affects the Interest Rates