Interest is a payment for deferred
A) taxation
B) saving
C) consumption
D) investment
E) none of the above
Correct Answer:
Verified
Q31: Which of the following does not reflect
Q32: The reward for forgoing present consumption is
A)rent
B)profit
C)roundabout
Q33: If Arnold has a positive rate of
Q34: Which of the following does not reflect
Q35: The interest rate compensates
A)bankers for their time
Q37: If the annual interest rate is 5
Q38: A positive rate of time preference means
Q39: If the annual interest rate is 4
Q40: By saving, households
A)are supplying loanable funds
B)are demanding
Q41: Exhibit 13-2 
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