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) educational
C) technological
D) social
E) legal

Question

Quizplus · Accepted Answer

Economic factors such as inflation, economic growth, and central bank policies have a direct impact on interest rates in a country. Educational, technological, social, and legal environments may indirectly affect interest rates, but not as significantly as economic factors.

The _____ Environment of Your Country Affects the Interest Rates