a.Trade name: _______________
b.Form: _______________
Definitions:
Loanable Funds
The market where savers supply funds for loans to borrowers.
Borrowers
Individuals or entities that take funds from a lender with the intention of paying back the borrowed amount plus interest.
Downsloping
A term describing a downward trend or decrease, often used in economics to refer to declining prices or demand curves that slope downwards as price increases.
Nominal Interest
is the stated interest rate of a loan or financial product, not adjusted for inflation, representing the face value of the interest charged or earned.
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