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Which of the Following Terms Is Incorrectly Matched with the Word

question 41

Multiple Choice

Which of the following terms is incorrectly matched with the word from which it was derived?


Definitions:

Interest Rate

The interest rate is the percentage charged on the total amount lent or paid on invested funds, typically expressed on an annual basis.

Loanable Funds

Money available for borrowing, which is determined by the savings in the economy plus the money provided by banks and other financial institutions.

Interest Rate

The requisition, as a percentage of the principal, placed by lenders on borrowers for asset use.

Macroeconomics

The study of economy-wide phenomena, including inflation, unemployment, and economic growth.

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