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Jack has low social status among his peers and is perceived as less competent than his peers by his teachers and baseball coach. If Jack's social status results from the timing of his physical maturation, research would suggest that which of the following statements is most likely to be correct?
Borrower
An individual, corporation, or other entity that receives funds from another party under the condition of returning the funds plus interest or other charges at a later date.
Lender
A financial institution or individual that provides funds to a borrower under the condition that the funds will be repaid with interest.
Supply
The aggregate sum of a good or service ready for sale at a specific price level.
Loanable Funds
The money available for borrowing in the financial markets, determined by saving behaviors and institutional lenders' policies.
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