The price of money borrowed or saved is called _____.
interest
loan
money supply

Answers

Answer 1
Answer: The price of money borrowed or saves is called INTEREST.

When you borrow money, interest is also paid on the principal. When you save money, interest is earned on the savings. This is the price of money borrowed or saved. 
Answer 2
Answer:

Answer:

interest

Explanation:


Related Questions

The source document should be written in theA) Date column. B) Account Title column. C) Doc. No. column. D) Post. Ref. column
The term risk, when applied to borrowers, specifically refers to
All of the following are true statements about the economy of the middle colonies, EXCEPT:a. The shipbuilding industry contributed significantly to the economy. b. Strong population growth decreased the need for slaves in the middle colonies. c. The agricultural industry was stronger in the middle colonies than in New England. d. Disease killed more people in the middle colonies because of its cooler climate, resulting in a labor shortage.
Which of the following DOES NOT affect demand?A. income B. essential goods C. substitute goods D. diminishing marginal utility
Bankruptcy filings are given names according toA. their severity. B. the bankruptcy court district where the case is filed. C. the bankruptcy code chapter under which the case is filed. D. the dollar value of the assets owned by the debtor.

What is the difference between GDP and GDE

Answers

GDP is Gross Domestic Product and GDE is Generic Data Exeption

Angle B has a measure between 0 and 360 and is coterminal with a –865° angle. What is the measure of angle B?110°
115°
210°
215°

Answers

Answer:

215°

Explanation:

Coterminal angles are angles that, starting from the positive x-position, have the same terminal. In this case, to find an angle coterminal with -865 degrees, that falls into the 0 to 360 range, simply add 360 unitil the result meets the given criteria.

-865+360 = -505\n-505+360 = -145\n-145+360 = 215

Therefore, angle B measures 215°.

The above answer is correct! The answer is D, or 215°.

Just got it right on the test review in edge 2020, hope this helps!! :) Good luck!

Why does an unsecured loan have a higher interest rate than a secured loan?Only one answer
A. The bank bears all the risk of the loan.
B. The bank charges more for poor credit scores.
C. The bank bases higher interest rates on market conditions.
D. The bank raises rates unfairly for unsecured loans.

Answers

ya, the answer is A.    the bank raises the interest because with a secured loan they would have something to fall back on if you didn't pay ur bills. and raise the price if its unsecured so they can try and make sure u pay it back as soon as u can
Why does an unsecured loan have a higher interest rate than a secured loan?

A. The bank bears all the risk of the loan.

Consumer demand is defined as

Answers

a measure of consumers' desire for a product or service based on its availability

Answer:

the willingness and ability people have to buy a good.

Explanation:

Which of the following would shift the demand for dollars in the market for foreign currency exchange to the right? a. foreign citizens want to buy more U.S. goods and services at a given exchange rate
b. foreign citizens want to buy fewer U.S. goods and services at a given exchange rate
c. foreign citizens want to buy more U.S. bonds
d. foreign citizens want to by fewer U.S. bonds

Answers

Answer:

The correct answer is option a.

Explanation:

An increase in the demand for dollars will shift the demand curve to the right, in the market for foreign exchange. Dollars are demanded by foreign consumers to pay for the import or purchase of US products.  

An increase in the demand for goods and services by the foreign producers will increase the demand for US dollars as well.  

This will cause the demand for dollars curve to shift to the right. This rightward shift in the curve will increase the value of US dollars in the foreign exchange market.

Answer:

They make trade easier and more efficient.

Explanation:

Suppose that Christine owns her own CPA firm. She uses only two inputs in her business: her hours worked (labor) and a computer (capital). In the short run, Christine most likely considers.

Answers

Answer:

Labor to be variable and capital to be fixed

Explanation:

Christine started off a new firm and only needed her own labor and a computer.

As the business grows there will be more work to be done, so her personal labor will be insufficient. There will be need for extra hands to get tasks done, and also people with specialised skills will need to be hired. Labor will be variable because it will change according to business needs. More employees when work is much and scale down on labor when work is less.

Capital needs will increase to effectively support the growing business, for example tables, chairs, computers, stationery, an office, and other equipment. Capital obtained will be fixed in nature especially land, office building, and office equipment.