Which Type of Loan Involves Regular Repayments Which Include Principal

question 62

Multiple Choice

Which type of loan involves regular repayments which include principal and interest?

• A)Bond.
• B)Commercial Bill.
• C)Principle-and-Interest loan.
• D)Interest-Only Loan.

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Definitions:

Keynesians

Economists who follow the theories of John Maynard Keynes, emphasizing the role government should play in moderating economic cycles through fiscal and monetary policies.

Aggregate Demand

The total market appetite for goods and services within an economy, delineated at a specific price level over an agreed time duration.

Average Price Level

An economic indicator that represents the overall level of prices in the economy by averaging the prices of all goods and services over a period.

Vertical Aggregate Supply Curve

A graphical representation where the aggregate supply does not change with the price level, indicating an economy at full employment.