Examlex
Which of the following areas of study typifies microeconomics as opposed to macroeconomics?
Annuities
Financial products that pay out a fixed stream of payments to an individual, primarily used as an income stream for retirees.
Discount Rate
The interest rate charged by central banks on loans they give to commercial banks.
Present Values
The present equivalent of a future money sum or cash flow series, calculated using a particular rate of return.
Student Loans
Financial borrowings aimed at financing higher education expenses, subject to repayment with interest.
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