Examlex
Of the three philosophies competing for attention in medieval China,
Money Supply
The total amount of money available in an economy at a specific time, including cash and deposits.
Opportunity Cost
Sacrificing the chance to gain from other alternatives by committing to one choice.
Real Interest Rate
The interest rate adjusted for inflation, representing the true cost of borrowing and the real yield to lenders or investors.
Equilibrium Interest Rate
The interest rate at which the demand for funds (borrowing) equals the supply of funds (saving), resulting in a stable market condition.
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