best answer > How do interest rates affect the GDP 2024?- QuesHub | Better Than Quora
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  • Charlotte Wilson——Studied at Cambridge University, Lives in Cambridge, UK

    This means that real money demand exceeds real money supply and the current interest rate is lower than the equilibrium rate. ... Thus, an increase in real GDP (i.e., economic growth) will cause an increase in average interest rates in an economy.read more >>
    +119962023-05-14 11:14:56

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