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Interest Rates: A Quick Primer

Level:
A-Level, GCSE, IB Diploma
Board:
AQA, Edexcel, Eduqas, IB, OCR, WJEC

Last updated 21 Mar 2021

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This is a short primer video on interest rates. Students often write in exams about "the interest rate" when in fact no such interest rate exists! There are tens of thousands of different interest rates on savings and loans, the vast majority of which are set by market forces without direct central bank intervention.

Interest Rates - A Quick Primer
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