Answer:
Interest Rates are the cost of borrowing money.
Step-by-step explanation:
Cost of borrowing money refers to the total charge for taking money on a debt obligation that can involve interest payments and other financing fees.
The borrowing cost increases when the interest rate rises during times of economic expansion and increased inflation, even if the credit score of the money borrower remains excellent. And the cost of borrowing money decreases with a decrease in the interest rates.
Hence, the correct answer for the blank is : Interest Rates
Interest Rates are the cost of borrowing money.
