What is an advantage of taking out a long-term loan instead of a short-term
loan?
A. A...
What is an advantage of taking out a long-term loan instead of a short-term
loan?
A. A long-term loan usually requires a low debt-to-income ratio.
B. A long-term loan usually has a lower total cost.
C. A long-term loan usually has a lower interest rate.
D. A long-term loan usually requires no credit check.
Answers: 3
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Hours to produce one unit worker hours to produce yarn country a 8 hours country b 4 hours worker hours to produce fabric counrty a 12 hours country b 13 hours additional worker hours to produce fabric instead of yarn country a ? country b? which of the follow is true of the trade relationship between country a and country b? country a has an absolute advantage in producing yarn and fabric country b has an absolute advantage in producing yarn and fabric country b has a comparative advantage to country a in producing fabric country a has a comparative advantage to country b in producing fabric
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