Why is the interest rate of long-term loans lower than that of short-term loans
a.
the v...
Social Studies, 14.01.2020 04:31 ErrorNameTaken505
Why is the interest rate of long-term loans lower than that of short-term loans
a.
the value of money increases with inflation
b.
the uncertainty is lower
c.
more borrowers opt for short-term loans
d
it is easier to forecast long-term market movements
e
borrowers are persuaded to borrow a lesser amount
Answers: 3
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