Examlex
Describe tethering of mobile devices.
Inelastic
Describes a situation where the demand or supply of a good or service is unaffected by changes in price.
Demand
Demand is the desire and ability of consumers to purchase goods or services at a given price within a specific time frame.
Usury Laws
Regulations governing the amount of interest that can be charged on a loan, intended to protect consumers from excessively high rates.
Loanable Funds
Financial assets available for borrowing, which play a crucial role in setting interest rates in economics.
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