In most cases, the higher is the quality of the collateral for a loan is
A) the higher is the interest rate.
B) the lower is the interest rate.
C) the riskier is the loan.
D) the greater is the handling charge for the loan.
Answer: B
Economics
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If markets are perfectly competitive, then the production of goods
A) will use the least costly combination of resources. B) will occur at an average total cost value that is above the minimum. C) will require government intervention. D) will always lead to business failures.
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Special-interest groups:
a. are more likely to be well-informed about "their" issue than the general public b. may consist of a congressional district c. may support policies that are harmful to the general public d. all of the above
Economics