Higher real interest rates reduce business investment spending and consumer spending on housing, cars, and other major purchases.
Standard detail
5.
Benchmark
Depth 1Parent ID: ECCC92724B234ADB8CD36014E9130EFEStandard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 5.
- List ID
- 5.
- Standard ID
- 5B59B07AF0134C579E95E3F3C81C44FF
- ASN identifier
- S2604788
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- ECCC92724B234ADB8CD36014E9130EFE
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US