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Cyclical unemployment results from
Loanable Funds
The total amount of capital available for borrowing, comprised of savings from individuals, businesses, and government, which is available for investment purposes.
Commercial Paper
A short-term, unsecured promissory note issued by corporations, often used for the financing of accounts receivable, inventories, and meeting short-term liabilities.
Treasury Bill
Short-term government securities issued with a maturity of one year or less, used to finance the government's debt.
High-Quality Corporate Borrower
A corporation with a strong credit rating, indicating a low risk of default to lenders.
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