A(n)____________________ Is a Private Word or Combination of Characters Known

question 3

Short Answer

A(n)____________________ is a private word or combination of characters known only by the user.

---

Definitions:

Lender

A financial institution or individual that provides funds to a borrower under the condition that the funds will be repaid with interest.

Supply

The aggregate sum of a good or service ready for sale at a specific price level.

Loanable Funds

The money available for borrowing in the financial markets, determined by saving behaviors and institutional lenders' policies.

Interest Rate

The cost of borrowing money or the return on deposited funds, expressed as a percentage of the principal.