15.Rita needs more notebooks in school. She decided to borrow money to her neighbor to buy more notebooks. Is the statement business loan or consumer loan? A. Business Loan B. Consumer Loan C. Both D. Undecided
15.Rita needs more notebooks in school. She decided to borrow money to her neighbor to buy more notebooks. Is the statement business loan or consumer loan? A. Business Loan B. Consumer Loan C. Both D. Undecided
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:15.Rita needs more notebooks in school. She decided to borrow money to her neighbor to buy
more notebooks. Is the statement business loan or consumer loan?
A. Business Loan
B. Consumer Loan
C. Both
D. Undecided
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