A simple loan involves
A) interest payments from the borrower to the lender periodically during the life of the loan.
B) no payment of interest by the borrower to the lender.
C) payment of interest by the borrower to the lender only at the time the loan matures.
D) payment only of principal. by the borrower to the lender at maturity.
C
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Refer to the figure above. What is the producer surplus before Barylia opens up to free trade?
A) $125 B) $250 C) $400 D) $325
Suppose the rate of inflation over the last 5 years has been around 4-5%. Investors use an inflation expectation of that range when making investment decisions. The decision of the investors is based on the theory of _____
a. absolute advantage b. rational expectations c. adaptive expectations d. sticky wages
It is conceivable that the APC, APS, MPC, and MPS could simultaneously be
A. APC = 0.8; APS = 0.2; MPC = 1.1; MPS = 0.1. B. APC = 1.0; APS = 0; MPC = 0.15; MPS = 0.15. C. APC = 1.3; APS = -0.3; MPC = 0.8; MPS = 0.2. D. APC = 1.0; APS = 0.1; MPC = 0.85; MPS = 0.25.
What explains differences in the economic rent charged for two plots of 500 acres of land that are used for growing corn and located in the same county of a state?
What will be an ideal response?