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Eastern Mountain Sports Uses Web 2

question 17

True/False

Eastern Mountain Sports uses Web 2.0 tools to increase collaboration,information sharing,and communication among their employees,suppliers,and customers.


Definitions:

Loanable Funds

The loanable funds market is a conceptual framework for understanding the market where borrowers and lenders interact, determining the supply and demand for loans and consequently the interest rate.

National Saving

The total amount of savings in a country, calculated as the sum of private savings by households and businesses, plus public savings by the government, minus any foreign borrowing.

Open-Economy Macroeconomic

A branch of macroeconomics that studies economies in which international trade and financial transactions play a significant role.

Loanable Funds

The funds available for borrowing in the financial markets, involving the lending and borrowing between savers and borrowers, which determines the equilibrium interest rate.

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