Examlex
The behaviour of firms to different market conditions is known as:
Supply of Loanable Funds
The supply of loanable funds is the total amount of capital available for borrowers to secure, typically originating from savings in the economy, and forming the basis for interest rates determination.
Interest Rate
The amount charged by lenders to borrowers for the use of money, expressed as a percentage of the principal, per period of time.
Human Capital
The economic value of a worker's experience and skills, including education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
Productivity
A measure of the efficiency of production that is often quantified as the ratio of output to inputs used in the production process, such as labor and capital.
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