Which of the Following Statements Is True

question 144

Multiple Choice

Which of the following statements is true?

• A)A major corporation would tend to pay a higher interest rate for a $10,000 loan than a single parent working for a fast food restaurant.
• B)The more risky the loan, the higher the interest rate charged, ceteris paribus .
• C)The less risky the loan, the higher the interest rate charged, ceteris paribus .
• D)The duration (length)of a loan is unrelated to the interest rate charged for the loan.

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Definitions:

Significant Past Figures

Individuals from history whose works or existence have had a profound influence on their field or society.

Fictional Finalism

A concept introduced by Alfred Adler, suggesting that individuals are more influenced by their expectations of the future than by past experiences.

Historical Circumstances

The situational contexts and conditions that existed in the past and influenced events, decisions, or outcomes.

Present Expectations

The anticipations or outlooks individuals have regarding their current situations or conditions.