1057EconomicsMedium
What is called interest payments plus repayments of principal to creditors?
ADebt retirement
BPayback
CDebt relief
DDebt service
Correct answer
D. Debt service
Explanation
The correct answer is Debt service.
Correct answer
D. Debt service
Explanation
The correct answer is Debt service.
Naila owns a small pottery factory. She can make 1000 pieces of pottery per year and sell them for Rs 100 each. It costs Naila Rs 20,000 for the raw materials to produce the 1,000 pieces of pottery She has invested Rs100,000 in her factory and equipment: Rs50,000 from her savings and Rs50,000 borrowed at 10 per cent. (Assume that she could have loaned her money out at 10 her per cent, too) Naila can work at a competing pottery factory for Rs40,000 per year. The accounting profit at Naila’s pottery factory is?
If countries were to trade along the lines of comparative advantage?
Where one stands in the social hierarchy is intimately related to________?
Which statement is wrong regarding diplomacy? It________?
Which of the following firms has the least incentive to advertise?
Country A has an absolute advantage in?