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Why Are Graphs Such an Important Tool in Economics

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Why are graphs such an important tool in economics?


Definitions:

Collateral

an asset or property that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.

Buyer

A person or organization that acquires goods or services from a seller in exchange for money.

Ordinary Course

Activities that are carried out in the normal and usual way of conducting business.

Security Interest

A legal claim or lien on collateral that secures the performance of an obligation, normally repayment of a loan.

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