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    Macroeconomics Principles Study Set 1
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    Exam 11: Saving, Investment, and the Financial System
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    An Interest Rate That Is Low for Only a Short
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An Interest Rate That Is Low for Only a Short

Question 297

Question 297

Multiple Choice

An interest rate that is low for only a short period of time is called a(n)


A) teaser rate.
B) annual percentage rate.
C) balloon payment.
D) balance transfer fee.

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