Determine the due date and the amount of interest due at maturity on the following notes:
Definitions:
Standard Of Living
The scale of monetary assets, amenities, worldly possessions, and survival necessities allotted to a distinct class or demographic region.
Market Shortage
A situation where the demand for a product exceeds its supply in the market, leading to scarcity.
Equilibrium Price
The price at which the supply of an item equals the demand for it, resulting in no excess supply or demand.
Binding Price Ceiling
A maximum price set by the government below the equilibrium price, leading to shortages as the demand exceeds supply.
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