The determinants of interest rates are |
1. Inflation |
2. Growth rate |
3. Savings percentage |
4. Government's borrowing need |
5. Demand |
6. Global economic trends |
Select the correct answer using the codes given below: |
A) 1, 2 and 3 only
B) 2, 3 and 5 only
C) 5 and 6 only
D) 1, 2, 3, 4, 5 and 6
Correct Answer: D
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