Examlex
Which of the following statements is false?
Interest Rate
The cost of borrowing money, expressed as a percentage of the amount borrowed, paid by the borrower to the lender for the use of their funds.
Aggregate Demand
The comprehensive demand for every type of good and service within an economy, identified at a given price level and time period.
Investment
is the allocation of resources, usually money, in expectation of earning a future return.
GDP Gap
The difference between the actual GDP and the potential GDP of an economy, indicating under-utilization or over-utilization of resources.
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