The interest rate is the

A. rate of investment.
B. price of credit.
C. rate of return on investment in capital goods.
D. expected rate of inflation.

Answer: B

Economics

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A coupon bond that has no maturity date and no repayment of principal is called a

A) consol. B) cabinet. C) Treasury bill. D) Treasury note.

Economics

If the government runs a deficit, which of the following will be true?

a. T > G - TR b. T < G - TR c. T > G + TR d. T < G + TR

Economics