Match the use to the loan type.
a. used to purchase automobiles, clothing, etc.
b. used to purchase land and buildings (8 to 40 years term)
c. used to purchase livestock, equipment, and so forth
d. used to purchase feeder livestock, feed, and so forth (1 year term)
e. used to purchase breeding livestock, tractors, and so forth (1 to 7 years term)
11. long-term loan
12. intermediate-term loan
13. short-term loan
14. productive credit
15. consumptive credit
Question 2Match the following finance terms with the correct definitions.
a. capital investments d. credit
b. short-term loans e. long-term loans
c. intermediate-term loans
6. money loaned for 1 to 7 years
7. money spent on commodities kept 6 months or longer
8. money used to purchase land and buildings
9. money loaned for 1 year or less
10. money that is borrowed
Question 3Match the following agribusiness terms with the correct definitions.
a. diminishing returns d. supply
b. price e. demand
c. capital
1. money or property
2. quantity of a product available to customers at a given time
3. amount of profit generated by additional inputs
4. quantity that buyers will purchase at a given time
5. amount received for an item or service
Question 4Money borrowed without ____________________ is referred to as a signature loan.
Fill in the blank(s) with the appropriate word(s).
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