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

Answer 1

I'll be glad to check your answer.

Answer 2

will you help me out with the answers?

Answer 3

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.