Refer to the table representing Darcy's bank account. Assuming that $1,000 was deposited into her account at the beginning of year 1, and no further deposits or withdrawals were made, what interest rate is being paid on Darcy's account?
A. 6 percent.
B. 6.4 percent.
C. 19.1 percent.
D. 60 percent.
A. 6 percent.
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The relationship between the wage and the quantity of labor that all workers are willing to provide is called:
A. individual labor demand. B. market labor demand. C. individual labor supply. D. market labor supply.
Suppose that lenders believe that the government will provide assistance if too many of the lenders' borrowers do not pay back their loans. If lenders expect government assistance they will:
A. make more loans to borrowers who are less likely to repay them. B. make fewer loans to borrowers who are less likely to repay them. C. increase the interest rates that they charge borrowers who are less likely to repay loans. D. not change their lending policies because this expectation is not reasonable.