If the interest rate increases from 6 percent to 10 percent per year, each $100 saved will earn
A) $4 per year more than before
B) $6 per year more than before
C) $10 per year more than before
D) $16 per year more than before
E) $60 per year more than before
Correct Answer:
Verified
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A)only
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Q22: In order to predict the marginal rate
Q23: If the market interest rate increases, then
A)the
Q25: The old adage that "a bird in
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Q29: The difference between income and consumption is
A)rent
B)profit
C)saving
D)opportunity
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