Description
1. Length 4 pages, double-spaced with 1 inch margin, arial or time roman font 12 pt. Using heading within the report. Table of content page is required. Minimum of five sources. Cite sources using MLA or APA format.
2. Macroeconomic book (Mater/Coppock, pricinple of Macroeconomic, 2nd california edition, W.W. Norton Paperback ISBN:978-0-393-65755-5
Explanation & Answer
Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the work. Please let me know if there is anything needs to be changed or added. I will be also appreciated that you can let me know if there is any problem or you have not received the workGood luck in your study and if you need any further help in your assignments, please let me knowCan you please confirm if you have received the work? Once again, thanks for allowing me to help youR
Report: Effects of Interest Rates on Consumers and Purchasing Patterns
Effects of Interest Rates on Consumers
and Purchasing Patterns
by HAL
General metrics
9,062
1,472
103
5 min 53 sec
11 min 19 sec
characters
words
sentences
reading
time
speaking
time
Writing Issues
No issues found
Plagiarism
This text seems 100% original. Grammarly found no matching text on
the Internet or in ProQuest’s databases.
Report was generated on Thursday, Jul 4, 2019, 11:25 AM
Page 1 of 9
Report: Effects of Interest Rates on Consumers and Purchasing Patterns
Unique Words
26%
Measures vocabulary diversity by calculating the
percentage of words used only once in your
document
unique words
Rare Words
36%
Measures depth of vocabulary by identifying words
that are not among the 5,000 most common English
words.
rare words
Word Length
4.8
Measures average word length
characters per word
Sentence Length
14.3
Measures average sentence length
words per sentence
Report was generated on Thursday, Jul 4, 2019, 11:25 AM
Page 2 of 9
Report: Effects of Interest Rates on Consumers and Purchasing Patterns
Effects of Interest Rates on Consumers
and Purchasing Patterns
EFFECTS OF INTEREST RATES 7
Running head: EFFECTS OF INTEREST RATES 1
Effects of Interest Rates on Consumers and Purchasing Patterns
Name
Institution
Report was generated on Thursday, Jul 4, 2019, 11:25 AM
Page 3 of 9
Report: Effects of Interest Rates on Consumers and Purchasing Patterns
Table of Contents
Effects of Interest Rates on Consumers and Purchasing Patterns 3
Introduction 3
Consumer Spending Habits 3
In ations and Recessions 4
Stock Market and Bond Market 5
Conclusion 6
EFFECTS OF INTEREST RATES 3
Effects of Interest Rates on Consumers and Purchasing Patterns
Introduction
Interest rates refer to the amount of money paid within a speci ed range of
time, which is the proportion of the borrowed amount of money. Its total
amount depends on the principal sum as well as the compounding frequency.
The length of time also plays a role in the interest rates as it affects the total
amount payable (Malkiel, 2015). The interest rates affect the consumers and
their purchase power differently. Lower interest rates have encouraged
consumers to use more money. The purchasing power of consumers becomes
Report was generated on Thursday, Jul 4, 2019, 11:25 AM
Page 4 of 9
Report: Effects of Interest Rates on Consumers and Purchasing Patterns
higher. When the interest rates are higher, the consumers use a lower amount
in their purchases. The interest rates are inversely proportional to the
purchasing power (Malkiel, 2015). This paper discusses how interest rates
affect consumers and their purchasing patterns. The present essay discusses
the three ways in which the interest rates affect the consumers.
Consumer spending habits
The cages in the spending habits of consumers are one of the initial impacts,
which are direct as it associates with the increasing or decreasing interest
rates. The consumers get often puzzled with the question of spending and
saving in their purchase patterns (Flynn & Goldsmith, 2016). The consumers
speculate whether their models make them save money, or they have room in
their budgets to spend (Flynn, & Goldsmith, 2016). The interest in consumers is
an avenue to getting into spending money immediately without having to wait
for their savings to reach the amount they wish to use for the purchase. Saving
can take a lot of time before a consumer can make a purchase (Mateer &
Coppock, 2018). The nature of the interest rates comes into play as the
consumers make decisions of borrowing money to spend on the purchase when
their savings are still less than the amount required for purchase (Geetha, &
Tyagi, 2016). Low-interest rates give more people room to borrow since they will
be willing to make big purchases, which then means that the consumers spend
a large amount of money. With low-interest rates, consumers can invest in
housing or purchase cars.
The overall money available for consumer...