Credit risk is:
A. the risk of a borrower defaulting on a loan.
B. lower, the longer the length of the loan.
C. lower, the larger the amount of the loan.
D. the risk of not being able to get a loan when your credit is good.
A. the risk of a borrower defaulting on a loan.
You might also like to view...
Nominal gross domestic product is based on the existing prices at which final goods are actually sold
a. True b. False Indicate whether the statement is true or false
The Gini coefficient is calculated by measuring the area between:
A. the Lorenz curve and the x-axis. B. the Lorenz curve and the y-axis. C. the line of perfect equality and the Lorenz curve. D. the line of perfect inequality and the Lorenz curve.
The marginal revenue product of labor is:
a) The additional revenue a firm receives from hiring one more worker. b) Equal to the marginal physical product of labor times the wage rate. c) Equal to the price of the product times the wage rate. d) The additional output from hiring one more worker.
The absolute value of the slope of the indifference curve is called the:
A. marginal rate of substitution. B. marginal cost. C. marginal revenue. D. average rate of substitution.