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Researchers test hypotheses in two ways: a straightforward way and
Loanable Funds
The money available for borrowing in the financial market, influenced by savings, borrowing, and interest rates.
Time Preference
The economic theory that individuals prefer to receive goods or services sooner rather than later, all else being equal.
Federal Reserve
The central bank of the United States, responsible for monetary policy, regulation of financial institutions, and ensuring financial system stability.
Dividend Yield
A financial ratio that shows how much a company pays out in dividends each year relative to its stock price.
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