The annual amount that a borrower must pay a lender over an above the total borrowed ?

Related Mcqs:

1. An industry in which expansion through the entry of firms decreases the prices, firms in the industry must pay for resources and there fore decreases their production costs ?

   A. Declining industry
   B. Decreasing cost industry
   C. Both
   D. None

2. The payment for the use of borrowed funds _____________?

   A. Interest
   B. Loan
   C. Both
   D. None

3. Amount of other products which must be foregone or sacrificed to obtain 1 unit of a specific good is called its______________?

   A. Opportunity cost
   B. Real cost
   C. Economic cost
   D. None

4. The total amount by the federal govt. of the owner of the govt. securities is called___________________?

   A. Public debt
   B. Public finance
   C. Public good
   D. None

5. The total amount buyers of goods and services sped or plan to spend____________________?

   A. Total spending
   B. Aggregate spending
   C. Both a and b
   D. None

6. Total amount of income necessary to raise everyone who is below the poverty line up to that line ?

   A. Subsistence income
   B. Poverty gap
   C. Absolutely poverty
   D. None

7. Total consumption deducted from total income is called__________________?

   A. Net income
   B. Gross income
   C. Saving
   D. None of these

8. Excess of total revenue over total costs_______________?

   A. Producer surplus
   B. Scarcity rent
   C. Both
   D. None

9. Urban migration is causing the labour force to grow at annual rates of _____________in LDC?

   A. 10-20%
   B. 5-7%
   C. 30-35%
   D. 35-40%

10. Gradual pay off a loan principle ?

    A. Autarchy
    B. Hierarchically
    C. Amortization
    D. AID