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QUESTION IMAGE

changes in interest rates can have both helpful and unhelpful impacts. …

Question

changes in interest rates can have both helpful and unhelpful impacts.
interest rates falling is bad news for which group?
choose 1 answer:
a homebuyers
b small businesses
c savers
d construction companies

Explanation:

Brief Explanations

When interest rates fall, savers earn less interest on their savings (e.g., in savings accounts, bonds). Homebuyers benefit from lower mortgage rates, small businesses from cheaper loans, and construction companies from increased housing demand due to lower rates. So falling rates are bad for savers.

Answer:

C. savers