Why is it that economists often refer to the interest rate, while there are many interest rates

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Why is it that economists often refer to “the” interest rate, while there are many interest rates in any economy?

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Financial Markets And Institutions

ISBN: 9780138043681

10th Edition

Authors: Frederic S Mishkin, Stanley Eakins

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Question Posted: Apr 08, 2024 02:00 AM

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Why is it that economists often refer to the interest rate, while there are many interest rates

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Economists often refer to the interest rate for a few reasons even though there are many different i...View the full answer

Financial Markets And Institutions

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