“Dear Money” is used for:
- High Rate of interest
- Low rate of interest
- Value of money
- Value of interest
Explanation
Dear Money is expensive to borrow because the rate of interest is high.
This is because people prefer to save when interest rates are high and spend or borrow when rates are low.
Put differently, the cost of money becomes more expensive.
Related MCQs
- 11
- 12
- 7
- 7 and 11
اس سوال کو وضاحت کے ساتھ پڑھیں
Leave a Reply
Your email address will not be published. Required fields are marked *