Increased interest rates, as is existing in the economy at present, wi

1.	Increased interest rates, as is existing in the economy at present, will [IBPS PO 2012]
A.	lead to higher GDP growth
B.	lead to lower GDP growth
C.	mean higher cost of raw materials
D.	mean lower cost of raw materials
E.	mean higher wage bill
Answer» D. mean lower cost of raw materials

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Increased interest rates, as is existing in the economy at present, will [IBPS PO 2012]

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