Question

if interest rates are low, more people would be willing to borrow money (from the bank or a creditor), which means __________ money would be in circulation. less more

Explanation:

When interest rates are low, borrowing becomes cheaper. This encourages more people to take loans. As more people borrow, the amount of money in circulation (the total amount of money available in the economy for spending, investing, etc.) increases. For example, if a person borrows money to start a business, they spend that money on equipment, hiring employees, etc., which puts the borrowed money into circulation. So, more borrowing (due to low - interest rates) leads to more money in circulation.

Answer:

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