Choose the Word or Phrase in [ ] Which Will

question 107

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-When interest rates are rising,you would prefer a [fixed-rate | variable-rate] loan.

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Definitions:

Expenditure Item

A specific category of spending, either by an individual, organization, or government.

Corporate Income Taxes

Taxes levied on the net income (profit) of corporations by the government.

Federal Tax Revenues

Federal tax revenues are the funds collected by the government from taxes, including income taxes, corporate taxes, and other levies, used to fund public services and government operations.

Personal Income Taxes

Taxes imposed by governments on individual earnings, such as wages, salaries, and other forms of income, with rates that typically vary according to income levels.