Question
The _____ rate is the price paid to a lender for borrowing funds over a period of time. The borrower agrees repay _____ plus interest.
The _____ rate is the price paid to a lender for borrowing funds over a period of time. The borrower agrees repay _____ plus interest.
Group of answer choices
interest; principal
inflation; principal
interest; purchasing power
inflation; purchasing power
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Theories Of Value From Adam Smith To Piero Sraffa
Authors: Ajit Sinha
2nd Edition
0429807716, 9780429807718
