You can also think of interest as:
A. the cost of inflation.
B. the price of borrowing per dollar
C. the time it takes a bond to mature.
D. All of these statements are true.
B. the price of borrowing per dollar
Economics
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Which of the following helps encourage specialization?
a. property law b. criminal law c. contract law d. tort law e. constitutional law
Economics
Which of the following is true?
A. Keynesians advocate decreasing the money supply during economic recessions but increasing the money supply during economic expansions. B. Monetarists advocate increasing the money supply by a constant rate year after year. C. Keynesians argue that the crowding-out effect is rather large. D. Monetarists argue that the crowding-out effect is rather insignificant.
Economics