what is productive and unproductive lone
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Nonproductive loan. A loan that increases spending power, but is used in business that does not directly increase the economy's output, such as a leveraged buyout loan.
priyataneja:
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Hey mate!!!
Productive loan
____________
It is the debt expected to create assets which will yield income sufficient to pay principal and intrest of the loan
Unproductive loan
_______________
A loan that incresez spending power but nt use diretly in business to increase ecnomys output
Hope it helps u
☆☆☆☆☆♡♡♡☆☆☆☆☆
Productive loan
____________
It is the debt expected to create assets which will yield income sufficient to pay principal and intrest of the loan
Unproductive loan
_______________
A loan that incresez spending power but nt use diretly in business to increase ecnomys output
Hope it helps u
☆☆☆☆☆♡♡♡☆☆☆☆☆
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