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The interest rate is such that the supply of money available to lend matches the demand for money to be borrowed.

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15y ago

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Related Questions

What is the price at which a business purchases merchandise is called the?

cost


What should Damaged merchandise that can be sold only at price below cost be valued at?

LIFo


How is interest similar to sales tax and markups?

Interest, sales tax, and markups all represent additional costs added to a base price. Interest is the cost of borrowing money, while sales tax is a percentage added to the purchase price of goods or services. Markups increase the selling price above the cost price to ensure profit. In essence, they all influence the final amount consumers pay for goods or services.


What is a similar word to cost?

price, charge, payment, value.


Cost of borrowing or price of borrowing?

Interest to be paid on the principle-or amount borrowed.


If merchandise inventory is bing valued at cost and the purchase price is steadily failing which method of costing will yield the largest net income?

LIFO


In computing the cost of merchandise sold does freight increase or decrease the cost?

Freight costs are added to the cost of the merchandise. The total is typically referred to as the "landed" cost of the product.


What was the price of a new maytag performa in 2000?

If you are trying to figure your replacement cost the figure that will actually be used for replacement cost is the cost to purchase a new one with similar features to yours not the price you paid for the item. The price you paid is not relevant.


What is cost position?

Cost position is essentially where the price of an item sits when comparing it to other similar products. You could put 2 different brands of cereal in a cost position to show the difference in price.


What is the price of money borrowed or saved called?

The price of money borrowed is called the interest rate. It represents the cost of borrowing funds, typically expressed as a percentage of the principal amount over a specific period. Conversely, the interest earned on money saved is also referred to as the interest rate, as it is the return on savings. In both cases, the interest rate reflects the opportunity cost of using funds.


Does a purchase invoice list the total cost of merchandise?

Yes, a purchase invoice typically lists the total cost of merchandise. It includes itemized details such as the quantity, unit price, and any applicable taxes or discounts, culminating in the total amount due. This document serves as a record of the transaction for both the buyer and the seller.


How much will the PS4 cost in the UK?

About 40,000 rupees. Which is similar to the price of it in the UK.