Question

Economists study how people and banks loan or borrow money. Can you name one type of loan? have you or your parents/guardians ever taken out a loan?.

Answer 1

Answer:

Personal Loan.

Business Loan.

Home Loan.

Gold Loan.

Rental Deposit Loan.

Loan Against Property.

Two & Three Wheeler Loan.

Personal Loan for Self-Employed.

Explanation:

And the 2nd part- have your parents taken out any of these loans?