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If There Is a Surplus of Loanable Funds,then

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If there is a surplus of loanable funds,then


Definitions:

Formal Authority

Describes the power granted to an individual or position through a formal structure or hierarchy within an organization to make decisions and command obedience.

Conflict Resolution

The process of resolving disputes or disagreements between parties through dialogue, negotiation, or other methods to reach an agreement.

Forcing

A conflict resolution method where one party insists on their position without regard to the impact on the other parties involved.

Problem Solving

The process of identifying a challenge and developing strategies to address it effectively.

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