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Megatronics, Inc., obtains computer components from a variety of suppliers and puts them together according to customer specifications to create custom-made computers. This process is an example of:
Exchange Rate
The worth of one currency when converted to another.
Interest Rate
The rate at which a borrower pays interest for the money borrowed from a lender.
Loanable Funds
The total funds available for borrowing in the economy, coming from savings, that are used for investments and consumption.
Interest Rate
The fraction of a loan incurred as interest by the borrower, often depicted as an annual percentage of the outstanding loan amount.
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