Examlex
Which of the following statements about open clusters is true?
Interest Rate
The cost of borrowing money or the return on investment, expressed as a percentage of the principal.
Quantity Supplied of Loans
The total amount of loans lenders are willing to provide at a given interest rate during a specific time period.
Surplus
An excess of a product or resource that occurs when supply exceeds demand, often leading to lower prices.
Competition
The effort and striving between two or more independent rivals to secure the business of one or more third parties by offering the best possible terms.
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