?
If demand of loanable demands decrease then borrowing cost of funds is
Answer & Solution
Correct Answer:
Option
B
If demand of loanable demands decrease then borrowing cost of funds is lower. Cost of borrowing refers to the total amount a debtor pays to secure a loan and use funds, including financing costs, account maintenance, loan origination, and other loan-related expenses.
Join the Discussion
Login to post a comment or share your explanation.
Login