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Budget Deficit
A situation where a government's expenditures exceed its revenues within a specific fiscal period, leading to borrowing or debt accumulation.
Loanable Funds
The funds accessible for lending within the financial market.
Equilibrium Interest Rate
The interest rate at which the quantity of money demanded equals the quantity of money supplied, stabilizing the economy.
Loanable Funds
Refers to all the money available for borrowing in a nation's economy, which comes from savings and is used for loans and investments.
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