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Class-3 roads are designed to carry jeeps.
Equilibrium Interest Rate
The equilibrium interest rate is the interest rate at which the quantity of money demanded equals the quantity of money supplied, balancing savings and investments in the economy.
Equilibrium Interest Rate
The interest rate at which the quantity of loanable funds demanded equals the quantity of loanable funds supplied.
Loanable Funds
refers to the pool of funds available for borrowing, consisting of savings made available to borrowers in the financial markets.
Quantities Demanded
The total amount of a good or service that consumers wish to purchase at any given price level.
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