The Administration Costs of a Loan,as a Proportion of the Total

question 197

Multiple Choice

The administration costs of a loan,as a proportion of the total cost of the loan,typically _____

• A)decrease as the size of the loan increases, lowering the interest rate.
• B)decrease as the size of the loan increases, increasing the interest rate.
• C)increase as the size of the loan increases, lowering the interest rate.
• D)increase as the size of the loan increases, increasing the interest rate.
• E)increase as the size of the loan increases, leaving the interest rate unchanged.

---

Definitions:

Share Our Wealth Society

A program proposed by Huey Long during the Great Depression in the United States, advocating for wealth redistribution to curb poverty and inequality.

Guaranteed Annual Income

A policy proposal to provide all citizens with a certain amount of money annually from the government, intended to reduce poverty and inequality.

Huey Long

An influential and controversial American politician from Louisiana, known for his populist policies during the early 20th century.

AAA (Agricultural Adjustment Act)

A New Deal legislation passed in 1933 aimed at boosting agricultural prices by reducing surpluses through the payment of subsidies to farmers.