A business plan is typically produced to provide a clear roadmap to build a successful business or to secure funding to start said business. It is an essential resource for management or any potential investor, allowing them both to make informed decisions.
<span>The correct answer is B. Federal student loan. Both A & C (so answer D, too), that is payday and private loans, as they aren't issued by the government but by banks, require higher than standard interest rate. A. Payday loans are short-term, unsured loans which are actually considered a risky trap by many, with interest rates (in some incredible cases) reaching 60%, 300%, 700%. C. Private loans are safer than payday loans, but still much more expensive than federal ones, with an interest rate of even more than 18%.</span>
Answer:
D. None of the above.
Explanation:
monetary polict affects the interest rates, but the exact intreset rates are difficult to predict due other tfactors affecting the interest rate.
the money multiplier is considerably unstable and at times, the monetary policy can turn out to be ineffectiveif the inverstment adn consumption fail to respond to changes in the interest rates.