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:

Hiring Costs

The expenses associated with recruiting, interviewing, and onboarding new employees into an organization.

Environmental Conditions

The various physical and biological factors that affect an organism's living and working surroundings.

Recruiting Function

The process or actions involved in identifying, attracting, interviewing, selecting, hiring, and onboarding employees in an organization.

External Factor

Influences originating outside of an organization that can affect its performance, such as economic conditions, competition, or regulatory changes.