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In Business / College | 2025-07-08

Which has a direct impact on wealth creation?
A. Inflation rate
B. Interest rate
C. TDS
D. Deposit rate

Asked by 1toxicgaming143

Answer (2)

Wealth creation is significantly impacted by factors such as the interest and inflation rates. Low interest rates foster investment and spending, while moderate inflation indicates growth, although excessive inflation can harm wealth. TDS and deposit rates play a role but are less directly impactful compared to interest and inflation rates. ;

Answered by GinnyAnswer | 2025-07-08

The interest rate and inflation rate are the most crucial factors impacting wealth creation. Low interest rates promote borrowing and investment, while moderate inflation indicates economic health. Therefore, option B, Interest Rate, is the best answer.
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Answered by Anonymous | 2025-07-09