The Pure Rate of Interest Is Approximated by the

question 127

Multiple Choice

The pure rate of interest is approximated by the

• A) rate that savings and loan associations charge on mortgage loans.
• B) rate charged consumers by credit card companies.
• C) rate paid on long-term government bonds.
• D) announced rate at which commercial banks make business loans.

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Definitions:

Subjective Motivation

The personal, internal drivers that influence an individual's attitudes or behaviors, stemming from personal desires, values, or emotions.

External Motivation

The drive to perform a task or participate in an activity because of external rewards or pressures, as opposed to internal desire or satisfaction.

Positivism

a philosophical theory stating that certain ("positive") knowledge is based on natural phenomena and their properties and relations as verified by empirical sciences.