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"Pure Rate of Interest" Refers to the Interest Rate That

Question 102

Multiple Choice

"Pure rate of interest" refers to the interest rate that


A) borrowers pay to lenders in their own family or circle of close friends.
B) serves solely as payment to lenders for giving up current use of their funds.
C) is the difference between the actual rate and the theoretical rate.
D) measures the compensation to lenders for taking on the risks involved.

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