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(a) the customers will have more money to spend.(b) exports will become easier and cheaper.(c) costs will increase since overdrafts and loans will be more expensive.(d) it will become more rewarding to invest in new products and projects.
When interest rate goes up so as saving trend. people tend to save more and spend less and at the same time cost ll go up due to multiple factors based on interest rates. Eventually company had to bare loss interms of extra effort required to cope this or in profits.
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