Susan borrowed money from her credit union using her car as collateral. The monthly interest rate on the loan is 0.75%. There were no other fees associated with the loan. What is the APR of Susan’s car loan? Assume 12 equal months.

Which of the following best describes what production accomplishes? a. efficient use of natural resources. b. a reduction in the size of the labor force. c. an increase in supply that lowers prices. d. value added to resources that already exist.