Why might a bank offer to make a loan to a customer at a low initial rate that will increase after a set period of time? to fool the customer into making an unmanageable commitment to make the loan look more attractive and competitive in the long run to make the loan look more attractive and competitive now the bank accepts making less money in the later years of the loan

To make the loan look more attractive and competitive now

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.