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A recessive gene exerts its influence only if both genes of a pair are
Equilibrium Interest Rate
The interest rate at which the demand for loanable funds equals the supply of loanable funds, balancing savings and investment in the economy.
Total Spending
The sum of all expenditures made by consumers, businesses, and the government within an economy over a specific period.
Riskier Loans
Loans that carry a higher chance of default compared to standard loans, often resulting in higher interest rates to compensate for the increased risk.
Tax-Exempt
A status of financial or material exemption from the requirement to pay taxes granted by government authorities.
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