wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

How are low long-term rates beneficial to enterprises?

Open in App
Solution

Long-terms rates of interest on loans are a part of economic environment. Low long-term rates are beneficial because they result increased spending by consumers. This cause an increase in demand and sale of products. Consequently, it leads to prosperity of business enterprises.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Solvency Ratios
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon