The money paid by private business to the suppliers of loans used to purchase capital, which is also the money that households receive on savings accounts, is called __.Multiple choice question.rentinterestnet incomeprofit

Multiple Choice QuestionWhich of the following represents the income earned by households for providing capital to firms?Multiple choice question.InterestInflationWagesDemand for moneyMoney supply

Multiple Choice QuestionWhen individuals and businesses borrow money, the amount of money borrowed is called ____.Multiple choice question.the principalinterestthe collateralcapital

Multiple Choice QuestionWhich of the following best explains how banks attract loanable funds?Multiple choice question.By deferring household consumptionBy paying interest to saversBy supplying capital to businessesBy charging interest on loaned funds

Multiple Choice Question_______ is/are the total amount of money received (or promised) from the sale of goods or services, as well as from other business activities such as the rental of property and investments.Multiple choice question.RevenueCost of goods soldEarningsNet income

Multiple Choice QuestionWhen Sal and Jen bought their first home they obtained a mortgage. The amount of money they borrowed for their mortgage is called ______.Multiple choice question.a line of creditcapitala reservethe principal