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Elza [17]
3 years ago
7

2) The price paid for the rental of borrowed funds (usually expressed as a percentage of the rental of 2) $100 per year) is comm

only referred to as the A) aggregate price level. C) interest rate. B) inflation rate. D) exchange rate.
Business
2 answers:
-Dominant- [34]3 years ago
7 0

Answer:

C) interest rate

Explanation:

Based on the scenario being described within the question it can be said that this price is commonly referred to as the interest rate. Like mentioned, this is the principal that is charged by the lender of the money to the borrower for the use of the borrowed money. This is usually charged as a percentage of the total amount that is being borrowed.

Serga [27]3 years ago
4 0

Answer:

C) interest rate. 

Explanation:

Interest rate is price paid for the rental of borrowed funds. It is usually expressed in percentage. A 2% interest on a $100 dollar loan means that the price paid would be (0.2×$100=$2).

Exchange rate is the rate at which one currency is exchanged for another currency.

Inflation rate is the rate at which general price level rises.

I hope my answer helps you

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Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each
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Answer:

Luana will save $2,493.522

Explanation:

Given:

Luana will deposit $570 every year for 4 years. This is an annuity as same amount is deposited every year.

Rate is 6% or 0.06

We have to compute Luana's savings at the end of 4th year.

Refer future value of annuity factor table at 6%, 4th year. Annuity factor is 4.3746.

Savings = Yearly deposit × Annuity factor

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Therefore, Luana will save $2,493.522 by the end of 4 years.

6 0
3 years ago
f pressure is put on the government to maintain a balanced budget during a recession. In this scenario, government would need to
Kitty [74]

Answer:

Increase

fall

Explanation:

A recession occurs when the gross domestic product of a country for two consecutive quarters is negative.

Annually balanced budget is a budget where at the end of every year, revenue must equal expenditure.

If in a recession, a government is under pressure to maintain a balanced budget, the government would need to increase taxes. this is because income would be less than government expenditure as a result of the recession. In order to maintain a balanced budget, the government can either increases taxes are reduce expenditure.

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4 0
3 years ago
suppose that lenders want to receive a real rate of interest of 5%, and that they expect inflation to remain steady at 3% in the
HACTEHA [7]

The interest rate is 7%.

<u>Solution:</u>

The real rate of interest is always above the nominal interest rate when inflation is positive. In this case, we are told inflation is 3%. Since the real rate of return is the nominal interest rate minus inflation, we need a nominal interest rate of <u>5%+3%=8%</u> to get a real interest rate of 5%.

To calculate the real interest rate subtract the inflation rate from the nominal interest rate. Mathematically it looks like this The real interest rate is the nominal interest rate minus the inflation rate. Creeping inflation is a type of inflation in which the price level rises steadily at a moderate rate over an extended period of time.

Learn more about The interest rate here:-brainly.com/question/25793394

#SPJ4

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1 year ago
How much do credit unions spend on social media annually?
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4 0
3 years ago
Read 2 more answers
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