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Equilibrium rate of interest |
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Equilibrium rate of interestThe interest rate that clears the market. Also called the trade-clearing interest rate.Equilibrium rate of interest Similar MatchesEquilibrium levelEquilibrium levelThe value taken on by an economic variable in equilibrium, as opposed either to some other value, or to its rate of change. EquilibriumEquilibriumThe stable state of the system. See: Attractor. Equilibrium exchange rateEquilibrium exchange rateExchange rate at which demand for a currency is equal to the supply of the currency in the economy. Partial equilibriumPartial equilibriumEquality of supply and demand in only a subset of an economy's markets -- usually just one -- taking variables from other markets as given. Partial equilibrium models are appropriate for products that constitute only a negligibly small part of the economy. They are used routinely (not always appropriately) for analysis of trade policies in single industries. Contrasts with general equilibrium. Nash equilibriumNash equilibriumAn equilibrium in game theory in which each player's action is optimal given the actions of the other players. E.g., in a tariff-and-retaliation game, with each country able to improve its terms of trade with a tariff, zero tariffs are not Nash, since each can do better by raising its tariff. A Nash equilibrium, with positive tariffs, is likely to be inferior to free trade for both. Further SuggestionsOne cone equilibriumDisequilibrium Equilibrium position Multi-cone equilibrium Market equilibrium Computable general equilibrium Balance of payments equilibrium Equilibrium General equilibrium Equilibrium price Two cone equilibrium |
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