Question

When a local bank in Kansas City makes loans to its small business customers, it charges them an interest rate for borrowing money. Interest rates are part of the ____________ environment.
a. cultural and social
b. economic
c. legal
d. political
e. competitive
Ms. Sue
I'll be glad to check your answer.
Andrew
will you help me out with the answers?
Ms. Sue
Sure -- if you post what you've learned from reading your assignments, I'll check to see if you're right -- or try to explain why you're wrong.