alleryLow long-term interest rates help construction and automobile firms because they raise:
ACourt case counts
BFuel price levels
CConsumer spending
DImport duty rates
Answer & Solution
Correct answer: C. Consumer spending
1. Rates shape demand for products and services.
2. Cheaper credit brings buyers forward.
3. So consumer spending increases.
_Source: syllabus Business Studies Part I, Chapter 3, Business Environment._
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