Other things equal, interest rates are:
A. higher on large loans than on small loans.
B. higher on loans with tax-exempt interest payments.
C. lower on less risky loans than on riskier loans.
D. lower on short-term loans than on long-term loans.
Answer: C
Economics
You might also like to view...
Diminishing marginal product first sets in at the minimum point of the
a. ATC curve. b. AVC curve. c. AFC curve. d. MC curve.
Economics
What are the three externalities that are associated with driving cars and trucks?
Economics
In the median voter theory, the distribution of voters ______.
a. must be normal b. must be even c. may be skewed in some direction d. is unimportant to the candidate
Economics
The following graph depicts demand. The price elasticity of demand at point B is:
A. 1/3. B. 3/4. C. 4/3. D. 3.
Economics