Behavior That Treats People Unequally or Unfairly Is Called

question 37

Multiple Choice

Behavior that treats people unequally or unfairly is called

• A)sexism.
• B)discrimination.
• C)prejudice.
• D)racism.

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Definitions:

Interest Rate

The percentage of an amount of money charged by a lender to a borrower for the use of assets.

Effective Interest Rate

A measure of the real cost of borrowing that takes into account the effect of compounding interest in addition to the nominal rate.

Compensating Balance

Compensating Balance is a minimum bank account balance that a borrower must maintain as part of a loan agreement, often used by banks as a requirement for extending a loan.

Interest Rate

The percentage of principal charged by the lender for the use of its money or the return earned on deposited funds.