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Two sinusoidal waves have the same angular frequency, the same amplitude ym, and travel in the same direction in the same medium.If they differ in phase by 50 ° , the amplitude of the resultant wave is given by
Interest Rate
Lenders require a payment, portrayed as a percentage of the principal, from borrowers for the use of their assets.
Loanable Funds
The market where savers supply funds for loans to borrowers, often facilitated by financial institutions, impacting the interest rates and investment in the economy.
Government Budget Deficit
The financial situation where a government's expenditures exceed its revenues within a specific fiscal period, leading to borrowing or debt accumulation.
National Saving
The total income in an economy that remains after deducting consumption expenditures and government spending.
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