Basically,the Marginal Principle Teaches Us to Evaluate the Factors Involved

question 169

True/False

Basically,the marginal principle teaches us to evaluate the factors involved in taking an action to decide if the action it is worth the effort.

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Definitions:

Investing

Dispensing money with the anticipation of making an income or profit.

Interest Rate

The percentage charged on borrowed money or paid on invested capital, reflecting the cost of borrowing or the reward for investing.

Investing

The act of allocating resources, typically money, with the expectation of generating an income or profit.

Interest Rate

The amount charged by lenders to borrowers for the use of assets, expressed as a percentage of the principal, the rate can influence inflation and economic activity.