15. To maximize profits, a bank would charge A. a rate of interest that is the same for deposits and loans B. a higher rate of interest for large corporations than for small businesses C. a lower rate of interest on loans and pay a higher rate of interest on deposits D. a higher rate of interest on loans and pay a lower rate of interest on deposits 16. A local grocery store has decided to charge customers for bags. Which TWO statements describe how customers will MOST LIKELY respond to this change? A. Customers will buy more goods in bulk. B. Customers will purchase more goods. C. Customers will visit the store more often. D. Customers will shop at other grocery stores. E. Customers will bring reusable bags to the store. F. Customers will exclusively use grocery delivery services. 17. Use the scenarios to answer the question. Scenario 1: banks that loaned money at a fixed rate Scenario 2: people on a limited income Scenario 3: farmers with fixed-rate mortgages Scenario 4: businesses that profit from credit sales Scenario 5: convenience stores that sell staple goods Scenario 6: thrift stores that sell refurbished or used goods Which TWO scenarios are MOST negatively affected by unanticipated inflation? A. Scenario 1 B. Scenario 2 C. Scenario 3 D. Scenario 4 E. Scenario 5 F. Scenario 6
15. To maximize profits, a bank would charge A. a rate of interest that is the same for deposits and loans B. a higher rate of interest for large corporations than for small businesses C. a lower rate of interest on loans and pay a higher rate of interest on deposits D. a higher rate of interest on loans and pay a lower rate of interest on deposits 16. A local grocery store has decided to charge customers for bags. Which TWO statements describe how customers will MOST LIKELY respond to this change? A. Customers will buy more goods in bulk. B. Customers will purchase more goods. C. Customers will visit the store more often. D. Customers will shop at other grocery stores. E. Customers will bring reusable bags to the store. F. Customers will exclusively use grocery delivery services. 17. Use the scenarios to answer the question. Scenario 1: banks that loaned money at a fixed rate Scenario 2: people on a limited income Scenario 3: farmers with fixed-rate mortgages Scenario 4: businesses that profit from credit sales Scenario 5: convenience stores that sell staple goods Scenario 6: thrift stores that sell refurbished or used goods Which TWO scenarios are MOST negatively affected by unanticipated inflation? A. Scenario 1 B. Scenario 2 C. Scenario 3 D. Scenario 4 E. Scenario 5 F. Scenario 6