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    When a Local Bank in Kansas City Makes Loans to Its
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When a Local Bank in Kansas City Makes Loans to Its

Question 217

Question 217

Multiple Choice

When a local bank in Kansas City makes loans to its small business customers, it charges them an interest rate for borrowing money. Interest rates are part of the ____________ environment.


A) cultural and social
B) economic
C) legal
D) political
E) competitive

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