Examlex
Which of the following is true about rocks and minerals?
Nominal Interest Rate
The stated interest rate on a loan or investment, not adjusted for inflation.
Loanable Funds
The money available for borrowing; the market where savers supply funds for loans to borrowers.
Supply
A relation between the price of a good and the quantity that producers are willing and able to sell per period, other things constant.
Demand
Refers to the quantity of a good or service that consumers are willing and able to purchase at various price levels over a given period of time.
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