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Which of the following is required in order to execute a successful spend analysis?
Loanable Funds
The money available for borrowing, influenced by savings and investments, in financial markets.
Interest Rates
The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender over a specified period.
Loanable Funds
Refers to the money available for borrowing. The market for loanable funds is where borrowers demand and lenders supply funds, determining the interest rate.
Interest Rate
The charge for borrowing money or the return for investing money, often expressed as a percentage of the amount lent, borrowed, or invested.
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