The price paid for the use of money is defined as the
A. Profit rate.
B. Rental rate.
C. Interest rate.
D. Inflation rate.
Answer: C
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Which of the following will increase the demand for loanable funds?
a. a newly established consumption tax b. a decrease in the real interest rate c. an increase in the real interest rate d. creation of an investment tax credit for businesses
Economic stagnation coupled with high inflation is commonly called:
A. stagflation. B. inflationary stagnation. C. stagnatory growth. D. inflagnation.
When producers anticipate that the price of their product will increase in the future
A. the supply curve will shift to the left. B. the supply curve will shift to the right. C. they will immediately lobby Congress to adjust prices now. D. the current production will move along on the supply curve.
Mid-Point Method
What will be an ideal response?