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The Loanable Funds Model of Interest Rates
The Loanable Funds Model of Interest Rates

... Or the borrower can end up paying much more in real terms if the actual rate of inflation falls short of the expected at the time the bond was issued. ...
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Economics_9-12_1-10 - Delaware Department of Education

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NBER WORKING PAPER SERIES Roger E.A. Farmer Dmitry Plotnikov

... through December 1949. The figure shows that the stock market and unemployment were unrelated during this period. Something else must have caused the unemployment rate to fall from 20% in June 1938 to 1.2% in February 1944. An obvious candidate is the huge increase in the size of government that occ ...
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Business cycle

The business cycle or economic cycle is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend. These fluctuations typically involve shifts over time between periods of relatively rapid economic growth (expansions or booms), and periods of relative stagnation or decline (contractions or recessions).Used in the indefinite sense, a business cycle is a period of time containing a single boom and contraction in sequence.Business cycles are usually measured by considering the growth rate of real gross domestic product. Despite being termed cycles, these fluctuations in economic activity can prove unpredictable.A boom-and-bust cycle is one in which the expansions are rapid and the contractions are steep and severe.
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