Discussion Forum 23

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Explain why the sales of big-ticket consumer goods such as cars and houses or condos are sensitive to changes in interest rates. How will a decline in rates affect aggregate demand throughout the economy compared to an increase in rates?


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Tom
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Phuc Truong (Tom) Nguyen
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Phuc Truong (Tom) Nguyen
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Amia
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Yuhan (Amia) Liu
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Yuhan (Amia) Liu
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Jay
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Hao (Jay) Yuan
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Hao (Jay) Yuan
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Peter
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Yihao (Peter) Niu
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Yihao (Peter) Niu
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