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What are the three defining traits of capitalism?
Interest Rate
The piece of a loan that accumulates interest for the borrower, often specified as a yearly percentage of the loan's existing outstanding balance.
Marginal Efficiency
Marginal efficiency refers to the rate of return or profit expected from an additional unit of investment.
Interest Rate
The levy, depicted as a percentage of the base amount, that a lender places on a borrower for asset usage.
Marginal Efficiency
The expected rate of return on an additional unit of capital or investment.
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