Examlex
An instrument that measures air pressure using a partially evacuated chamber is called an_____ barometer.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage.
Equilibrium Interest Rate
The interest rate at which the quantity of money demanded equals the quantity of money supplied, balancing savings and investment.
Loanable Funds
The funds available for borrowing in the financial markets, influenced by savings, government policies, and financial institutions' lending criteria.
Market
The arena in which buyers and sellers come together to trade goods, services, or financial instruments, establishing prices through supply and demand.
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