Granite Is a Type of Rock That Forms Deep Underground

question 13

Multiple Choice

Granite is a type of rock that forms deep underground from magma that cools very slowly.What type of rock is granite?

• A) igneous
• B) sedimentary
• C) metamorphic

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Definitions:

Equilibrium

A state in which market supply and demand balance each other, and as a result, prices become stable.

U.S. Interest Rates

U.S. interest rates are the rates at which interest is paid by borrowers for the use of money that they borrow from a lender, specifically within the United States.

Savings Account

A deposit account held at a bank or financial institution that earns interest and is designed for the purpose of saving rather than daily transactions.

Mortgage Loan

A loan used to purchase a piece of property, where the property itself serves as collateral for the loan.