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Ceteris Paribus,which of the Following Is Least Likely to Contribute

question 135

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Ceteris paribus,which of the following is least likely to contribute to economic growth?


Definitions:

Loan

An amount of money that is lent to someone, which is expected to be paid back with interest.

Interest

The cost of borrowing money, typically expressed as an annual percentage of the principal amount.

Months

Units of time into which a year is divided, normally consisting of 28 to 31 days.

Deposit

A sum of money placed or kept in a bank account, usually to gain interest.

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