What happens to consumer and business spending when the interest rates go up? to be more specific, do they both rise, fall, or one rise and the other fall (but say which)?

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.

Experienced problem solvers always consider both the value and units of their answer to a problem. why?

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