When the Interest Rate on Savings Is Two Times the Interest

question 2

Multiple Choice

When the interest rate on savings is two times the interest rate on a loan,it is ____________. ​

• A)less expensive to borrow to make a purchase
• B)less expensive to use your savings to make a purchase
• C)more expensive to borrow half the amount
• D)more expensive to borrow to save

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Definitions:

Waist-To-Hip Ratio

A measure used in physical attractiveness studies, indicating the ratio of the circumference of the waist to that of the hips.

Attracted

Feeling drawn to or having a strong interest in something or someone, often on a physical, emotional, or intellectual level.

Women

Adult human females.

Halo Effect

A cognitive bias where an individual's overall impression of a person, brand, or product influences their feelings and thoughts about that entity's character or properties.