High Interest Domestic

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Suppose the production function is Y = F (K, L), where Y = output, K = capital and L = job!
Suppose K and L are constant!

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Portugal pays higher interest rate for $1.2 billion loan amid ongoing debt crisis

23.02.33

In order to maintain a presence in the international debt market, Portugal auction of treasury bills to 3 months.

The agency's debt government said it paid a rate of 4.959 percent for the loan, against 4.854 percent in a similar auction three weeks ago and demonstrating that Portugal remains to thank you for Investors demanded unsustainable returns to lend money.

The application was 2.2 times the amount of the offer, up slightly from the last sale. The debt agency had intended to borrow up to € 1.25 billion, but fell from the plan as the interest rate ticked higher.

Source: Washington Post

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Slowdown in auto sales temporary: Minister

The slowdown in automobile sales is a temporary phenomenon and domestic demand is robust, Heavy Industries Minister Praful Patel said Wednesday.

"The high-interest rates environment has affected the automobile industry, but there is no need to panic as there is a robust domestic demand," Patel told reporters at the sidelines of an event here.

According to the industry, rising input costs, high fuel prices and interest rates have dampened consumer sentiment.

"The market continues to be tough and there are no signs of recovery in the immediate future," said Arvind Saxena, director, marketing and sales, Hyundai Motor India.

Source: Slowdown in auto sales temporary: Minister

Investment. High domestic interest rates, which can result ...
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