Examlex
If firms' inventories are less than they planned,aggregate planned expenditure is ________ real GDP and firms ________ their production.
APR
Annual Percentage Rate; a measure of the cost of credit, expressed as a yearly interest rate.
Rate of Compounding
The rate at which an investment grows due to compounding, where interest earns interest over periods.
Discount Rate
The interest rate charged to commercial banks and other financial institutions for loans received from a country's central bank.
Present Value
The present worth of a future sum of money or series of cash flows, based on a given return rate.
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