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High interest rates _____ people from borrowing money.

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strongly believed in economic recovery.  took for granted economic expansion.  were cautious in their excessive investment.  had doubts about the effects of price pressure.  
Encouraged.  Panicked.  Confused.  Misguided.  
Short-term interest rates should be guarded wisely.  Unemployment no longer constitutes a problem.  A sustainable recovery depends on corporate profits.  Too much caution might suspend economic growth.  
strongly believed in economic recovery.  took for granted economic expansion.  were cautious in their excessive investment.  had doubts about the effects of price pressure.  
everybody saw consumer prices rise again.  signs of robust economic recovery multiplied.  investors reaped rewards in futures markets.  it wanted to stay away from risks involved.  
tremendous debts.  considerable profits.  soaring investment.  excessive growth.  
interpret the message from the central bank.  justify the rise of short-term interest rates.  illustrate what is weakness and undue growth.  contrast different views on economic indices.  
took advantage of rate-cuts policy as an insurance policy.  is fairly conservative in raising short-term interest rates.  tried to stop consumer prices from free falling but in vain.  place monetary policy-making in the hands of Walk Streeters.  
such high interest rates    so high interest rates    such interest rates high    interest rates such high  
Short-term interest rates should be guarded wisely.  Unemployment no longer constitutes a problem.  A sustainable recovery depends on corporate profits.  Too much caution might suspend economic growth.  
interpret the message from the central bank  justify the rise of short-term interest rates  illustrate what is weakness and undue growth  contrast different views on economic indices  
everybody saw consumer prices rise again.  signs of robust economic recovery multiplied.  investors reaped rewards in futures markets.  it wanted to stay away from risks involved.  
discourage    decrease    disturb    disgust  
while    when    since    as  
Making monetary policies is comparable to driving a car.  An extremely low jobless rate will lead to inflation.  A high unemployment rate will result from inflation.  Interest rates have an immediate effect on the economy.  
tremendous debts.  considerable profits.  soaring investment.  excessive growth.  
promote  encourage  produce  create  

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