Since the future holds more uncertainty over longer periods of time, lenders generally want a:
A. higher interest rate for loans over a longer period.
B. lower interest rate for loans over a longer period.
C. higher interest rate for loans over a shorter period.
D. constant interest rate for loans over the period of the loan.
A. higher interest rate for loans over a longer period.
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Which type of main institution in the international capital market most often is involved in foreign exchange intervention?
A) central banks B) non-bank financial institutions C) insurance companies D) corporations E) commercial banks
An opinion based on personal preferences and value judgments is called
a. an objective concept. b. a subjective concept. c. an unintended consequence. d. ceteris paribus.
A firm can price its items at the same price as competitors, or try to sell its products at a price higher than its competitors. To sell at a price higher than the competition, a firm would need to: Select one:
a. enhance features or otherwise differentiate its product and justify the higher price. b. reduce the production costs so the profit margin would be higher. c. make sure its price end in a ".99.". d. be willing to lose money on that product line.