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Marginal Efficiency of Capital: Definition and How It Works

The marginal efficiency of capital (MEC) is the expected rate of return from an additional unit of capital investment, a term Keynes introdu...
3 min read
Food prices
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Food prices

Published on February 04, 2020

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UK_Employment

Published on February 04, 2020

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UK_Affordability

Published on February 04, 2020

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Theresa_May

Published on February 04, 2020

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EU_Unemployment

Published on February 04, 2020

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EU_Debt

Published on February 04, 2020

Edexcel Economics
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Edexcel Economics

Published on February 01, 2020

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Bank of England Cuts Interests Rates

Published on January 31, 2020

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Monetary policy changes

Published on January 31, 2020

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China's GDP compared

Published on January 31, 2020

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Declining loan default rates represented by a downward bar chart and arrow.

What Is Constant Default Rate (CDR)?

The Constant Default Rate (CDR) is an annualised measure of the rate at which loans in a pool default. It is commonly used to assess the per...
2 min read

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