Interest Rates Are Positive Because

question 62

Multiple Choice

Interest rates are positive because

• A) people prefer future consumption over current consumption.
• B) people prefer current consumption over future consumption.
• C) usury laws require rates to be very high.
• D) banks are not competitive.

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Definitions:

Visual Receptors

Specialized cells located in the retina of the eye, responsible for converting light into neural signals that the brain can interpret.

Pupil

The opening in the center of the iris of the eye, controlling the amount of light that enters the eye.

Photoreceptor Cells

Specialized neurons in the retina of the eye that convert light into electrical signals, enabling vision.

Rods And Cones

Specialized photoreceptor cells in the retina of the eye that detect light and color.