Examlex
Choose the terminology that best classifies the given figure.
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Interest Rate
The fee, shown as a percent of the main amount, that a lender imposes on a borrower for the use of assets.
Price Ceiling
A legal maximum price that can be charged for a particular good or service, typically set by government.
Equilibrium Price
The price at which quantity demand is equal to quantity supplied.
Inflation
The rate at which the general level of prices for goods and services rises, eroding purchasing power over time.
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