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COM155-Paragraphs and Topic Sentences

COM155-Paragraphs and Topic Sentences - high companies have...

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Interest rates often affect purchasing decisions. If interest rates are high, a consumer may be less inclined to borrow money to purchase big ticket items. If interest rates are low, consumers are more willing to borrow money. Interest rates help to drive the economy. High interest rates affect businesses’ purchasing decisions as well. If interest rates are
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Unformatted text preview: high, companies have to work that much harder to see the same amount of return. If the company is not able to compensate for the higher interest rate, the company will have to dip into its profits to make up the difference. This might mean that the company will not be able to expand or purchase new equipment until interest rates are more favorable....
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