Examlex
When the government has a surplus,as occurred in the late 1990s,the ________ curve of bonds shifts to the ________,everything else held constant.
Interest Rate
The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender.
Permissible
Allowed or permitted within a set of rules, laws, or regulations.
Exculpatory Clause
A contract provision that relieves one party of liability if damages are caused during the execution of the contract.
Liability
A legal responsibility or obligation that may arise from any number of legal claims or is imposed by law.
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