The price paid for the use of borrowed money:

a. Ponzi payment
b. deed bond
c. interest
d. millage note


Ans: c. interest

Economics

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Oligopolists merge to ________

A) increase market supply B) increase market demand C) increase market power D) reduce prices

Economics

Compared to monopoly, the market results with monopolistic competition are usually expected to be:

a. worse because consumers get fewer choices. b. worse because consumers pay a higher price. c. the same. d. better because consumers get less output. e. better because consumers pay a lower price.

Economics

The purchase and sale of government bonds by the Fed for the purpose of altering bank reserves is referred to as:

A. Open-market operations. B. Closed-market operations. C. Discounting. D. Expansionary fiscal policy.

Economics

A monopolistic industry has

A. a homogeneous product and easy entry. B. a single, unique product and blocked entry. C. many differentiated products and easy entry. D. either a standardized product or differentiated products.

Economics