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Author Question: The total interest that a borrower has to pay on a loan is equal to the: A) principal plus the ... (Read 92 times)

jparksx

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on: Jun 30, 2018
The total interest that a borrower has to pay on a loan is equal to the:
 
  A) principal plus the rate of interest. B) principal divided by the rate of interest.
  C) principal minus the rate of interest. D) principal times the rate of interest.

Question 2

In a closed economy, without the government:
 
  A) savings equals net exports. B) consumption equals investment.
  C) consumption equals savings. D) savings equals investment.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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momolu

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


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