Examlex

Solved

Which of the Following Is an Example of a Personal

question 30

Multiple Choice

Which of the following is an example of a personal asset?


Definitions:

Economists

Experts who study the production, distribution, and consumption of goods and services.

Interest Rate

The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal.

Interest Rates

The cost of borrowing money or the return on invested capital, expressed as a percentage of the principal amount.

Investment

The procedure or operation of assigning financial assets with the intention of achieving a revenue or profit.

Related Questions