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Which of the following represents the relationship between the MEC and the rate of interest?a)The MEC is always lower than the rate of interest.b)The MEC and the rate of interest have an inverse relationship.c)The MEC is a fixed rate independent of the rate of interest.d)The MEC is always higher than the market rate of interest.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Which of the following represents the relationship between the MEC and the rate of interest?a)The MEC is always lower than the rate of interest.b)The MEC and the rate of interest have an inverse relationship.c)The MEC is a fixed rate independent of the rate of interest.d)The MEC is always higher than the market rate of interest.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following represents the relationship between the MEC and the rate of interest?a)The MEC is always lower than the rate of interest.b)The MEC and the rate of interest have an inverse relationship.c)The MEC is a fixed rate independent of the rate of interest.d)The MEC is always higher than the market rate of interest.Correct answer is option 'B'. Can you explain this answer?.

Solutions for Which of the following represents the relationship between the MEC and the rate of interest?a)The MEC is always lower than the rate of interest.b)The MEC and the rate of interest have an inverse relationship.c)The MEC is a fixed rate independent of the rate of interest.d)The MEC is always higher than the market rate of interest.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

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