You agree to lend a friend $20,000 for a year at an annual interest rate of 45%. At the end of the year your friend must pay you ________ in interest.
A) $133
B) $750
C) $1,900
D) $9,000
Correct Answer:
Verified
Q133: Households' _ limit(s) firms' ability to invest
Q134: As a holder of a share of
Q135: The market in which households supply their
Q136: As economists use the word, investment refers
Q137: When a household lends money directly to
Q139: You agree to lend _ to a
Q140: In economics, "investment" refers only to the
Q141: A fund that takes household savings and
Q142: Households receive bonds when they
A) purchase a
Q143: The payment made for the use of
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