Which of the following statements is true?
A) The administrative costs per dollar are greater for a large loan than a small loan.
B) The risk on a long-term loan is likely to be less than on a short-term loan, ceteris paribus.
C) a and b
D) none of the above
Correct Answer:
Verified
Q36: The demand curve for loanable funds is
A)upward
Q37: A person who greatly prefers present consumption
Q38: The term "positive rate of time preference"
Q39: If consumers prefer earlier availability of goods
Q40: Abigail has a high rate of time
Q42: If the nominal interest rate is 5.2
Q43: The present value of $100,000 two years
Q44: Which of the following statements is true?
A)Larger
Q45: If the nominal interest rate is 8
Q46: Which of the following statements is true?
A)Ceteris
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