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I have always understood it to be the other way round, lower interest rates make for higher employment as money is easier to come by. Here is a source that con
by flanked-evergl 4y ago
I have always understood it to be the other way round, lower interest rates make for higher employment as money is easier to come by.
Here is a source that confirms my understanding : https://homework.study.com/explanation/what-is-the-relationship-between-interest-rates-and-employment.html https://homework.study.com/explanation/what-is-the-relations...
Can you explain the reasoning behind your understanding or provide some source to back it up?
- sseagull 4y agoI think that is what the parent said. Interest rates go up, unemployment goes up/employment goes down. The reverse would then be true. (Unless the parent edited their comment)
- flanked-evergl 4y agoYeah, it does say it, maybe I just misread.