In the instances where a loan has been issued under certain terms and has to be repaid, what happens when the borrower does not uphold these stipulations?

A) call
B) option
C) payment
D) default
E) fraud

D

Economics

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Behavioral economics is an approach to the study of consumer behavior

A) that emphasizes psychological limitations and complications that potentially interfere with rational decision making. B) that emphasizes the capabilities of individuals to succeed in attaining all their unlimited wants utilizing limited resources. C) that, in contrast to standard approaches in economics, utilizes the ceteris paribus assumption. D) that, in contrast to standard approaches in economics, relies on real-world data to evaluate the usefulness of economic models.

Economics

What is the distribution of national income currently among the owners of the factors of production—land, labor, capital, and entrepreneurship?

What will be an ideal response?

Economics