The total interest that a borrower has to pay on a loan is equal to the:
A) principal plus the rate of interest. B) principal divided by the rate of interest.
C) principal minus the rate of interest. D) principal times the rate of interest.
D
You might also like to view...
The macroeconomic models that are most supportive of the role of government policy aimed at smoothing business cycles are
A) real business cycle models. B) endogenous growth models. C) Keynesian models. D) Solow growth models.
If you grant that the long-term benefits of Head Start are in doubt and focus, instead, on the short-term benefits, you find that
A. Head Start children do much worse in Kindergarten. B. children in Head Start are more likely to repeat first or second grade. C. Head Start has no effect there either. D. children in Head Start are less likely to need special education classes.