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Imagine you are a Toronto Maple Leaf fan and you see your team make a difficult play. Later, the opposing team also makes a difficult play. According to research on the ultimate attribution error, you are most likely to attribute your team's good playing to-------------------and the opposing team's good playing to-------------------.
Usury Law
Legislation that sets maximum interest rates that can be charged on loans, to prevent excessive interest.
Market Equilibrium
A market state where the quantity supplied equals the quantity demanded, leading to a balance in price and volume.
Interest Rate
The cost of borrowing money expressed as a percentage of the total amount borrowed.
Nominal Interest Rates
are the stated interest rates unadjusted for inflation, representing the actual current cost of borrowing or the raw yield on savings.
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