Economy, asked by Harrypotter723, 2 months ago

Decreasing interest rate on fixed deposits by banks will _______ (increase/decrease)
the purchasing power of people in general.

Answers

Answered by Ishita6006

5

Answer:

Decrease

Explanation:

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Answered by MANISHNAIDU0135

22

Answer:

Decreasing interest rate on fixed deposits by banks will decrease

the purchasing power of people in general.

Hope this helps Please mark me as the brainliest

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