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The longer the term of a loan, the __________ the interest rate charged for the loan; the more risk ...

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The longer the term of a loan, the __________ the interest rate charged for the loan; the more risk ...

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

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lower; higher

▸

higher; higher

▸

lower; lower

Textbook

Economics

Edition: 12^th

Author: Arnold

Read 36 times

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this is exactly what I needed

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