WILL MARK BRAINLIEST How did lower interest rates help economic growth?

It created opportunities to reduce personal and government debt.
It allowed businesses to increase benefits and wages for employees.
It helped people borrow money to use to purchase products and services.
It forced the government to increase spending on federal and state projects.

It allowed businesses to increase benefits and wages for employees.

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Actually, the correct answer is C.

Explanation:

When consumers pay less in interest, this gives them more money to spend, which can create a ripple effect of increased spending throughout the economy. Businesses and farmers also benefit from lower interest rates, as it encourages them to make large equipment purchases due to the low cost of borrowing.

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