Japan's Annual Interest Rate Has Been Relatively ____ Compared to Other

question 59

Multiple Choice

Japan's annual interest rate has been relatively ____ compared to other countries for several years, because the supply of funds in its credit market has been very ____.

• A) low; small
• B) high; small
• C) low; large
• D) high; large

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Definitions:

Monopsony Power

A market situation in which there is only one buyer for a product or service, giving that buyer substantial control over market conditions.

Deferred Benefit Plan

A type of retirement plan in which employees receive benefits, such as pension income, at a later date following years of service, rather than receiving these benefits during their active employment.

Demand And Supply Diagram

A graphical representation that displays the relationship between the price of a good and the quantity of the good that suppliers are willing and able to supply and demanders are willing and able to purchase.

Equilibrium Price

The equilibrium price where the demand for a product matches its supply, ensuring market balance.