Complete the following from the textbook:

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The performance of the economy of a nation relies on the circulation of money in trade activities internally and externally (Blanchard, Furceri, & Pescatori, 2014). Interest rates affect the financial behavior of individuals in the country; whether they will be willing to hold on to cash or to spend it. When interest rates are relatively lower, some parties such as foreign investors may be discouraged to invest, but others such as banks and borrowers are encouraged to lend and borrow respectively (Malkiel, 2015). In my personal experience, the low-interest rates in the United States have enabled me to implement some of my investment plans. I have been able to borrow money from financial…

 

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