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Figure 12-1
Use the figure to answer the corresponding question(s) .
-The portion of the molecule in box 3 of Figure 12-1 is:
Loanable Funds
Loanable funds refer to the money available for borrowing in the financial markets, composed of savings from households and businesses plus any government surplus.
Interest Rate
The percentage at which interest is charged or paid on borrowed or saved money, often expressed as an annual percentage rate.
Supplied
The quantity of a good or service that producers are willing and able to sell at a given price.
Closed Economy
A financial structure that doesn't engage with external economies through trade, investment, or the movement of people.
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