Ask Question
20 July, 23:52

The true cost of borrowing and lending is best measured by

+5
Answers (1)
  1. 21 July, 02:34
    0
    The true cost of borrowing and lending is best measured by : the real interest rate

    The real interest rate reflect the true cost because it counted after calculating the rate of inflation into equation. The true cost could be find out by deducting the nominal interest rate with the inflation rate
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The true cost of borrowing and lending is best measured by ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers