Answer:
Borrower can capitalize on a reference rate decrease
Explanation:
Variable interest rate is the floating interest rate, which changes with change in the interest rate given by central bank. It is not fixed it can vary. It might be increased or decreased time to time.
As a borrower Increase in interest rate will result in loss because due to variable nature we need to pay more interest and decrease in interest rate will result in profit because due to variable nature we need to pay less interest
Answer:
Sunday morning, up with the lark I think i'll take a walk in the park
hey hey hey its a beautiful day
ive got someone waiting for me and when i see her i know what she'll say
hey hey hey its a beautiful day!!!!
Explanation:
Answer and Explanation:
A command economy is run by the government meaning that they take all economic decisions.In command economies most o the property is owned by the government and the means of productions is owned by the government as well.
This is a Mentor.
hope this helps!