What is the interest rate? Why are investors willing to pay interest to get loanable funds? Why

Question:

What is the interest rate? Why are investors willing to pay interest to get loanable funds?

Why are lenders willing to loan funds?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Microeconomics Private And Public Choice

ISBN: 9781305506893

16th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Question Posted: