Explain what impact you think an increase in the interest rate will have on the economy, give specific example.

Explain what impact you think an increase in the interest rate will have on the economy, give specific example.

A critical aspect of successfully completing this course is regular, substantive, and meaningful participation and contribution inside the weekly conferences. In your response to my question of the week, you must demonstrate that you have read the required, back your statements with facts, provide an analysis of the issue, and certainly make clear your point of view. Also, please try to post more than three sentences especially if you are responding to your fellow students. Note that you are required to comment on at least two of your fellow students’ posting.