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Figure: A Money Market
-(Figure: A Money Market) Refer to Figure: A Money Market. The equilibrium interest rate is:
Unilateral Contract
An agreement in which only one party makes a promise to perform in exchange for an act by the other party.
Acceptance
The act of receiving or agreeing to something, such as a proposal or offer, thus constituting a contract.
Performance
The execution, accomplishment, or fulfillment of a promise, contract, or other obligation.
Revocation
The act of withdrawing, canceling, or repealing a statement, offer, or privilege, which can pertain to legal contracts, licenses, or wills.
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