Who benefitted from low interest rates during the inflation


Problem

Would you prefer interest rates in the economy to be high or low? On what does it depend? Who benefitted from low interest rates during the inflation of the housing bubble? How did the low interest rates create problems?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Who benefitted from low interest rates during the inflation
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