Examlex
Which of the following statements is true?
Interest Rate
The rate at which a borrower pays interest for the money borrowed from a lender.
Loanable Funds
The total funds available for borrowing in the economy, coming from savings, that are used for investments and consumption.
Interest Rate
The fraction of a loan incurred as interest by the borrower, often depicted as an annual percentage of the outstanding loan amount.
Capital Flight
The rapid movement of large sums of money out of a country, typically to escape economic instability or unfavorable investment conditions.
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