The cost of borrowing money is called:
A) inflation.
B) return.
C) interest.
D) all of the above.

Name: The cost of borrowing money is called: A) inflation. B) return. C) interest. D) all of the above.
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Question

Quizplus · Accepted Answer

The cost of borrowing money is called interest. Inflation refers to increase in prices, while return refers to the profit earned on an investment. So, options A and B are incorrect. Therefore, the correct choice is C.

The Cost of Borrowing Money Is Called