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For a uniform probability density function,
Usury Laws
State laws that specify the maximum legal interest rate at which loans can be made.
Loanable Funds
Money available for borrowing, which comes from savings that consumers and businesses put into the financial system.
Real Interest Rate
The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true return on investment.
Nominal Interest Rates
are the stated interest rates on financial products or loans, not adjusted for inflation, indicating the actual rate of interest charged by lenders.
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