Multiple Choice
You borrow $20,000 at an interest rate of 6% to open Candy Dan's, a gourmet sweet shop. If the return on your investment is ________, then you will earn an economic loss.
A) less than 6%
B) exactly 6%
C) greater than 6%
D) It is indeterminate from the given information.
Correct Answer:
Verified
Correct Answer:
Verified
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