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Interest rates need to be increased or decreased in order to improve economics performance of this borough of Hackney. It would be grateful if you would be kind enough to complete the questionnaire below to assist with my research.

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Introduction

I am a student at generic technology college. For my economics coursework, I am doing the following research: "Interest rates need to be increased or decreased in order to improve economics performance of this borough of Hackney. It would be grateful if you would be kind enough to complete the questionnaire below to assist with my research. 1. Do you own your property with variable mortgage rates? Yes No If you ticked (no) please answer question 2 if yes pleas answer questions given A. Will an increase in interest rate make your mortgage payment go up? Yes No B. Will a decrease in interest rate make your interest payment go up? ...read more.

Middle

Will an increase in interest rate help you financially? Yes No B. Will a decrease in interest rate help you financially? Yes No 5. Do you have a loan? Yes No If you ticked (no) please answer question 6 if yes pleas answer questions given A. Will an increase in interest rate make your loan interest payment go up? Yes No B. Will a decrease in interest rate make your loan interest payment go up? Yes No 6. Do you receive money out of the UK? Yes No If you ticked (no) please answer question 7 if yes pleas answer questions given An increase in interest rate is likely to make the British money stronger so the Money from aboard will be less in pounds than before interest rates went up. ...read more.

Conclusion

B. Will a decrease in interest rate help you financially? Yes No 8. Do you send money out of the UK? Yes No If you ticked (no) please answer question 9 if yes pleas answer questions given. An increase in interest rate is likely to make the British money stronger so that you get more foreign money per pound. A. If this happens will an increase in interest rate help you financially? Yes No A decrease in interest rate is likely to make the British money weaker so that You get less foreign money per pound. B. Will a decrease in interest rate help you financially? Yes No 9. On the whole, do you think an increase in interest rate will be helpful to you? Yes No ...read more.

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