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How do changes in income tax policies affect aggregate demand?
Bonds Payable
A long-term liability account that records the amounts owed by an entity to bondholders, to be repaid at a future date.
Installment Note
A debt that requires the borrower to make equal periodic payments to the lender for the term of the note.
Periodic Payments
Regular, scheduled payments made over a period of time, such as monthly rent or quarterly insurance premiums.
Borrower
An individual or entity that takes funds from a lender under the agreement to return it with interest or equity.
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