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There Will Be Pressure on the Interest Rate for Loanable

question 90

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There will be pressure on the interest rate for loanable funds to increase when


Definitions:

Average Product

In economics, the output produced per unit of input, used to measure productivity efficiency.

Marginal Product

The increase in output that results from a one-unit increase in the input, holding all other inputs constant.

Average Product

The output produced per unit of input, for example, the amount of goods produced per worker or per machine in a given time period.

Formula

A mathematical expression that represents relationships between variables or symbols to calculate a specific value or set of values.

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