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_____ is a threatening event that has a relatively long duration and no readily apparent time limit.
Interest-Rate Cost
The expense incurred by borrowers when they take out loans, represented as a percentage of the total loan amount charged over time.
Production Possibilities Curve
A graphical representation showing the maximum combination of goods or services that can be produced in a given timeframe with available resources and technology.
Technological Advance
Improvements in technology that increase productivity and lead to new products or more efficient processes.
R&D Spending
The amount of financial resources allocated by organizations on research and development activities aimed at creating new products or improving existing ones.
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