Interest Rate Cut |
Discussion Questions
1. What was the main point of the BTN story?
2. People borrow money from banks for different reasons. Give two examples.
3. In exchange for borrowing money, the bank charges_______________ which is a ____________of the loan.
4. Which back decides whether to increase or decrease interest rates?
5. What effect can low interest rates have on the economy?
6. What are some negative consequences of lowering interest rates?
7. What is inflation?
8. The basic interest rate is the lowest it’s ever been. True or false?
9. Apart from cutting interest rates, what other things can be done to help the economy?
10. Name three facts you learnt watching the BTN story.
2. People borrow money from banks for different reasons. Give two examples.
3. In exchange for borrowing money, the bank charges_______________ which is a ____________of the loan.
4. Which back decides whether to increase or decrease interest rates?
5. What effect can low interest rates have on the economy?
6. What are some negative consequences of lowering interest rates?
7. What is inflation?
8. The basic interest rate is the lowest it’s ever been. True or false?
9. Apart from cutting interest rates, what other things can be done to help the economy?
10. Name three facts you learnt watching the BTN story.