Simultaneously buying this quantity’s namesake caps and floors is known as this quantity’s so-called “collar” strategy. Indices for this quantity are often the underlying for a forward rate agreement. The TED spread measures the difference between two forms of this quantity. A London-based index for this quantity that was discontinued in June 2023 following its namesake scandal in 2012 was named Libor. In one model, output increases as this quantity decreases along the (*) investment-saving curve. Two forms of this quantity are related to the rate of inflation in the Fisher equation, where the real form of this quantity approximately equals the nominal form minus inflation rate. Decreasing this quantity close to zero results in the liquidity trap. For 10 points, identify this quantity, the so-called cost of borrowing money. ■END■
| 2025 PLAYTIME Online | 04/26/2025 | Y | 9 | 89% | 44% | 44% | 80.38 |
| 2024 PLAYTIME @ Harvard | 04/26/2025 | Y | 4 | 100% | 75% | 0% | 57.50 |
| 2024 PLAYTIME @ Virginia Tech | 07/11/2025 | Y | 3 | 100% | 67% | 33% | 69.67 |
| 2024 PLAYTIME @ UBC | 10/05/2024 | Y | 8 | 100% | 50% | 13% | 74.50 |
| 2024 PLAYTIME @ WashU | 10/12/2024 | Y | 6 | 100% | 33% | 0% | 71.17 |
| 2024 PLAYTIME @ JHU | 10/26/2024 | Y | 8 | 100% | 13% | 50% | 109.88 |
| 2025 PLAYTIME @ Sheffield | 12/10/2024 | Y | 1 | 100% | 0% | 0% | 79.00 |
| 2025 PLAYTIME @ Northwest | 12/10/2024 | Y | 4 | 50% | 25% | 75% | 86.00 |
| 2025 PLAYTIME @ Claremont | 12/10/2024 | Y | 5 | 100% | 0% | 0% | 92.20 |
| 2025 PLAYTIME @ Florida | 12/10/2024 | Y | 2 | 100% | 0% | 50% | 113.00 |
| 2025 PLAYTIME @ Florida | 12/10/2024 | Y | 1 | 100% | 0% | 0% | 96.00 |
| 2025 PLAYTIME @ CWRU | 12/10/2024 | Y | 5 | 100% | 40% | 40% | 81.80 |
| 2025 PLAYTIME @ Sheffield | 12/10/2024 | Y | 6 | 100% | 33% | 17% | 84.50 |
| Player | Team | Opponent | Buzz Position | Value |
|---|---|---|---|---|
| Emma Victoria Byron | Rutgers | Haverford A | 15 | -5 |
| Cole Hennessy | Qin Shi Huang's Immortality Poison | Billy's Bastion | 23 | -5 |
| James Ah Yong | Waterloo B | Waterloo C | 30 | 15 |
| Yash Mandavia | Illinois B | WashU Charmander | 33 | 15 |
| Subhamitra Banerjee Roychoudhury | Somehow Paula Deen Returned | Master and Margaritaville | 34 | 15 |
| Reed Sexton | Michigan B | Michigan A | 35 | 15 |
| Swapnil Garg | Egypt Airlines Haters | Free Agents 1 | 37 | -5 |
| Joseph Chambers | Free Agents 1 | Egypt Airlines Haters | 40 | 15 |
| Shishir Bharadwaj | Lexington | Brown | 40 | 15 |
| Michael Hunding | Illinois A | Missouri | 40 | 15 |
| Padraig Finan | Washington Connections | Arizona State University A | 43 | 15 |
| Daniel Hothem | Monsieur Hulot's Academic Team | evil women enjoyers | 46 | 15 |
| Eren Michelet | BU | Belmont | 46 | 15 |
| Gareth Thorlakson | Toronto B | Guelph | 46 | 15 |
| Ryan Rosenberg | Adrianne Lenker 4 Nobel Lit Prize 2K65 | Even in Blacksburg There I Am | 46 | 15 |
| Eric Mukherjee | Mike Dukakis Tank Battalion | Trip-Hop Quizzer Tricky | 48 | 15 |
| Zhiheng Liu | Michigan C | Michigan D | 49 | -5 |
| Liam Kusalik | Waterloo A | Mac A | 51 | 15 |
| Chris Dech | Brandeis | Harvard | 55 | 15 |
| Nicholas Decker | George Mason A | George Mason C | 58 | 15 |
| Drew McIlveen | Ohio State A | Ohio State B | 61 | 15 |
| Teddy Fogel | Birmingham | Imperial B | 61 | 15 |
| Andy Huff | LSE | Imperial A | 61 | 15 |
| George Matsumura | UW B | Carleton | 61 | -5 |
| William Bao | Illinois Orange | Four Generalists in Search of a Power | 64 | 15 |
| Jesse Chusing | Ottawa A | McGill A | 64 | 15 |
| Ian Tullis | Art of Premature Signaling | Caltech | 73 | 10 |
| Scarlett Rutter | Claremont B | Claremont A | 73 | 10 |
| Cameron Ricketts | Warwick C | Edinburgh | 74 | 10 |
| Liam Markland | Alberta | UW A | 78 | -5 |
| Andrew Fisher | Sheffield B | Sheffield A | 79 | 10 |
| Fred Garvey | Truman State | WashU Bulbasaur | 84 | 10 |
| Will McCurley | Auburn 2026 | Gruh | 86 | -5 |
| Shiv Seshan | Cambridge | Warwick B | 86 | 10 |
| Cade Reinberger | RIT | MIT | 89 | 10 |
| Gabe Dubowski | Illinois C | Chicago B | 89 | 10 |
| Rohan Navaneetha | Ohio State D | Ohio State C | 90 | 10 |
| Kethan Raman | UCLA A | UCLA B | 90 | 10 |
| Jonah Hubert | Notre Dame + Epic Games | Quatumvirate | 90 | 10 |
| Kevin Ye | Simon Fraser | UBC | 90 | 10 |
| Graham Troy | 4 quizbowl pros go Virginia on North Carolina | Ashurbanipal’s Drag Race | 90 | -5 |
| Liam Starnes | Chicago A | Iowa State | 90 | 10 |
| Logan Mathis | SIUE | WashU Squirtle | 91 | 10 |
| Joey Sun | Toronto C | McGill B | 92 | 10 |
| Zeke Collins | Goober Gang | MSJ | 93 | -5 |
| Aiden Wegener | George Washington | NYU B | 93 | 10 |
| Daniel Huang | Michigan D | Michigan C | 94 | 10 |
| Parth Jagtap | Toronto A | Toronto D | 94 | 10 |
| Lucas Johns | Warwick A | Lancaster | 96 | 10 |
| Leo Law | Project2025BC: Make Assyria Great Again | Keeping Up With the Cardassians | 96 | 10 |
| Parikshit Chauhan | P.C.‚ Daniel‚ Michel‚ and Jason B | girl 15 whale i mean they | 97 | 10 |
| Tracy Mirkin | Edwin Laundrorat's Long-Lost Man Unclothès Rat Degrosses | Too much from you lately | 97 | 10 |
| Ryan Smith | mongeese | 2 Italians, 2 Poles, All Noles | 97 | 10 |
| Alan Fan | Mahjonng Masters | we need new names | 97 | -5 |
| Matthew Ribar | Arizona State University B | South Dakota School of Mines | 98 | -5 |
| Nathan Easow | Manchester | Sheffield C | 99 | -5 |
| Ishan Joshi | Toronto Metropolitan | Toronto E | 99 | -5 |
| Elie Aoun | CWRU | Johns Hopkins A | 103 | -5 |
| Zaid Asif | NYU C | Maryland B | 104 | -5 |
| Joe O'Connor | George Mason B | Catholic University of America | 104 | -5 |
| Matthew Faberman | Pittsburgh | Oberlin | 105 | -5 |
| Kevin He | Johns Hopkins B | Haverford B | 105 | 10 |
| Meggy Mani | Georgetown | Maryland A | 108 | 10 |
| Theenash Sengupta | MSJ | Goober Gang | 114 | 0 |
| Gary Lin | UCSD | UCSB | 128 | 10 |
| Dillon George | Catholic University of America | George Mason B | 128 | 10 |
| Elise Wettach | Oberlin | Pittsburgh | 129 | 10 |
| Seth Kendall | Billy's Bastion | Qin Shi Huang's Immortality Poison | 129 | 10 |
| Michael Pu | Gruh | Auburn 2026 | 129 | 10 |
| Arav Kaushik | we need new names | Mahjonng Masters | 129 | 10 |
| Ben Richards | Sheffield C | Manchester | 129 | 10 |
| Gus Vanskike | Maryland B | NYU C | 129 | 10 |
| Ethan Furman | Haverford A | Rutgers | 129 | 10 |
| Yaj Jhajhria | UW A | Alberta | 129 | 10 |
| Simon Faltin | South Dakota School of Mines | Arizona State University B | 129 | 0 |
| Maximilian Niebur | Johns Hopkins A | CWRU | 129 | 10 |
| Athan Juritsch | Toronto E | Toronto Metropolitan | 129 | 10 |
| Matt Weiner | Ashurbanipal’s Drag Race | 4 quizbowl pros go Virginia on North Carolina | 129 | 10 |