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Interest Rates
The percentage charged on a loan or paid on savings, effectively the price of capital.
Microeconomics
The study of economic behavior and decision-making by individuals and firms, focusing on the mechanisms that govern the allocation of resources.
Individual Consumers
Individuals who purchase goods and services for personal use from the market.
Interest Rates
The percentage of a sum of money charged for its use, reflecting the cost of borrowing or the return on savings.
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