When interest rates increase, people earn more on their savings and their savings grow more quickly.
Standard detail
4.
Benchmark
Depth 1Parent ID: 1172FDC3236B4155B800FAEEF8D74086Standard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 4.
- List ID
- 4.
- Standard ID
- E6E2FB1EE76E44C189FCBFB2EA9416CC
- ASN identifier
- S2604555
- Subject
- Financial Literacy
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 1172FDC3236B4155B800FAEEF8D74086
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US