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waterman7833 waterman7833
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9 months ago

The longer the term of a loan, the __________ the interest rate charged for the loan; the more risk associated with a loan (from the lender's point of view), the __________ the interest rate charged for the loan.



higher; lower



lower; higher



higher; higher



lower; lower

Textbook 
Economics

Economics


Edition: 12th
Author:
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jwmarojwmaro
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9 months ago
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