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What is the hidden curriculum?
Interest Rates
The cost of borrowing money, typically expressed as an annual percentage of the loan amount.
Savers
Individuals or entities that set aside a portion of their income for future use, often by depositing it in financial accounts.
Board of Governors
The leading body of the Federal Reserve System, responsible for overseeing the Federal Reserve Banks and setting monetary policy.
Federal Reserve
The Federal Reserve, often referred to as "the Fed," is the central banking system of the United States, responsible for managing the country's money supply and monetary policy.
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