Which of the following outcomes occur when interest rates decrease? Select all that apply.

When interest rates decrease, borrowing money becomes cheaper for people and businesses. This means that more people might take out loans to buy homes, cars, or start new businesses, which can help the economy grow. For example, if a family decides to buy a house because the mortgage rates are lower, they might spend more money on furniture and renovations, creating jobs in those areas. Additionally, lower interest rates can encourage spending because people may feel more confident about their financial situation. Overall, a decrease in interest rates can lead to increased consumer spending and investment, stimulating economic activity.