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What was the purpose of the fixed-array condition in the Samuel and Bryant study?
Interest Rates
The cost of borrowing money or the reward for saving, often expressed as a percentage of the principal amount.
Credit Markets
Financial markets where borrowers can obtain funds from lenders, often facilitated by financial intermediaries, allowing for the purchase of goods, services, or investment in enterprises.
Capital Goods
Long-lasting goods acquired or manufactured by a business that are used to produce other goods or services.
Interest Rates
The percentage charged on borrowed funds or paid on deposits over time, reflecting the cost of borrowing or the reward for saving.
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