A debtor's quantity of credit demanded and the rate of interest are likely to be:

A) positively correlated.
B) unrelated.
C) negatively correlated.
D) positively related if the rate of interest is below 10% and negatively related if it is above 10%.

C

Economics

You might also like to view...

If an investor had a $200,000 long-term capital gain on a $50,000 investment from 1984 to 2010, her real annualized rate of return was most likely

A. equal to the real rate of inflation. B. between 11 and 20 percent. C. between 0 and 10 percent. D. negative.

Economics

High-income families pay a significantly greater percentage of their income in taxes compared to low-income families.

Answer the following statement true (T) or false (F)

Economics