If the interest rate rises from 5% to 9%, then it means that the number of new businesses will decrease.
What is Interest rate?
This can be defined as the amount charged by a lender to a borrower on any type of debt given.
Most businesses take loans to start which which is why an increase in interest rate means more charges and difficulty in accessing them therefore leading to a decrease in number of new businesses by individuals.
Read more about Interest rate here https://brainly.com/question/2151013
#SPJ1
