Examlex
Viewing webpages with a Web browser is an example of a client-server architecture.
Incentive Function
The inducement that an increase in the price of a commodity gives to sellers to make more of it available (and conversely for a decrease in price), and the inducement that an increase in price offers to buyers to purchase smaller quantities (and conversely for a decrease in price).
Loan Period
The duration of time from the initiation of a loan to its final due date, within which the borrower is expected to repay the borrowed amount along with interest.
Interest Rate
The percentage of a sum of money charged for its use, typically expressed as an annual percentage rate.
Economic Resource
Assets, materials, or inputs used to produce goods and services and satisfy human wants, including land, labor, capital, and entrepreneurship.
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