Examlex
If a contract is to be legally binding, both parties must give consideration.
Interest Rates
The cost of borrowing money expressed as a percentage of the amount borrowed, or the return on invested savings.
Long Term Loans
Loans that are extended for a longer duration, typically exceeding one year, and used for financing significant investments or expenses.
Monetary Growth
An increase in the amount of money in an economy, which can influence inflation, interest rates, and economic growth.
Real GDP
The measure of a country's economic output adjusted for price changes (inflation or deflation).
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