In Economics, Interest Refers to All of the Following EXCEPT

question 94

Multiple Choice

In economics, interest refers to all of the following EXCEPT

• A) the payment for current rather than future command over resources.
• B) the cost of obtaining credit.
• C) the return paid to owners of financial institutions.
• D) the return paid to the owners of capital.

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Definitions:

Annual Revenues

The total amount of income generated by a business or organization from its activities over the course of a year.

Wal-Mart

A multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores.

High-income Economies

Countries with a high gross national income per capita, according to classification by international financial institutions like the World Bank.

Lower-middle-income Economies

Countries classified by the World Bank based on gross national income (GNI) per capita that are above low-income but below upper-middle-income thresholds.