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...