12. A local government receives revenue mainly from fixed-rate license fees charged to businesses. H G U Explain: 13. Your friend rents an apartment with a three-year lease. H G U Explain: 14. A bank has loaned millions of dollars for home mortgages at a fixed rate of interest. H G U Explain: 15. Parents are putting savings for their child’s college education in a bank savings account. H G U Explain: Advanced Placement Economics Macroeconomics: Student Activities © National Council on Economic Education, New York, N.Y.
12. A local government receives revenue mainly from fixed-rate license fees charged to businesses. H G U Explain: 13. Your friend rents an apartment with a three-year lease. H G U Explain: 14. A bank has loaned millions of dollars for home mortgages at a fixed rate of interest. H G U Explain: 15. Parents are putting savings for their child’s college education in a bank savings account. H G U Explain: Advanced Placement Economics Macroeconomics: Student Activities © National Council on Economic Education, New York, N.Y.
Grade%2011%20Lesson%207%20Inflation.docx