Question
In my Managerial Finance class we have to give examples about how our current or previous employers dealt with fnterest rates. What factors caused interest
In my Managerial Finance class we have to give examples about how our current or previous employers dealt with fnterest rates. What factors caused interest rates to increase or decrease, etc.
The question we are to answer: What two factors impact your industry, which in turn impacts the interest rates in your industry?
My work experience is primarily in the social services industries. The organizations I worked for worked with the disabled in homes providing 24/7 care, by way of RNs, LVNs, etc. These types of organizations are mostly funded through the government. Most of the clientele are on some type of government funded program (medical insurance, SSI, food stamps, etc.). These are not big money making organizations. They have nothing to do with the financial industry, thus there are no factors that increase/ decrease interest rates for the industry.
I've explained this to the instructor already, but the instructor still wants an answer to the question:
What two factors impact your industry, which in turn impacts the interest rates in your industry?
Can someone please help? Maybe I'm missing something or overlooked something.
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