Multiple Choice
Anna and James decide to apply for individual personal loans at a bank.Anna will have to pay a higher interest rate than James if:
A) the inflation rate in the economy increases.
B) the duration of James' loan is longer.
C) James opts for a loan that is paid in installments.
D) James has a lower credit score than Anna.
Correct Answer:
Verified
Correct Answer:
Verified
Q15: A compensating wage differential is the extra
Q16: Using a graph,explain the welfare effects of
Q17: As a result of the substitution effect
Q18: The income-leisure model of work is based
Q19: Management consultants work in pleasant surroundings at
Q21: In some professions,a few people earn enormously
Q22: Use the following figure to answer the
Q23: Use the following figure to answer the
Q24: What is meant by the gross marginal
Q25: Which of the following did contributed to