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    Economics Today Study Set 1
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    Exam 21: Rents, Profits, and the Financial Environment of Business
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    In Most Cases, the Higher Is the Quality of the Collateral
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In Most Cases, the Higher Is the Quality of the Collateral

Question 235

Question 235

Multiple Choice

In most cases, the higher is the quality of the collateral for a loan is


A) the higher is the interest rate.
B) the lower is the interest rate.
C) the riskier is the loan.
D) the greater is the handling charge for the loan.

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