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The equilibrium rate of interest is a. Equivalent to the profit rate. b. Fixed by law in the United States. c. Determined by the demand
The equilibrium rate of interest is
a. Equivalent to the profit rate.
b. Fixed by law in the United States.
c. Determined by the demand and supply of loanable funds.
d. Equal to the value of a bond or a stock.
e. The rate that ensures that households and businesses can borrow all the need
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