Explain what is meant by the rate of interest

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Reference no: EM133020414

U25292 ECONOMICS

Learning Outcome 1: Examine the rate of interest and its determination
Learning Outcome 2: Assess the demand for money and the impact of changes in the rate of interest.

Assignment

Briefly explain what is meant by the rate of interest. How is the rate of interest determined?

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Reference no: EM133020414

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