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 |
| Shishir Bharadwaj | Lexington | Brown | 40 | 15 |
| Joseph Chambers | Free Agents 1 | Egypt Airlines Haters | 40 | 15 |
| Michael Hunding | Illinois A | Missouri | 40 | 15 |
| Padraig Finan | Washington Connections | Arizona State University A | 43 | 15 |
| Ryan Rosenberg | Adrianne Lenker 4 Nobel Lit Prize 2K65 | Even in Blacksburg There I Am | 46 | 15 |
| Eren Michelet | BU | Belmont | 46 | 15 |
| Daniel Hothem | Monsieur Hulot's Academic Team | evil women enjoyers | 46 | 15 |
| Gareth Thorlakson | Toronto B | Guelph | 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 |
| Andy Huff | LSE | Imperial A | 61 | 15 |
| George Matsumura | UW B | Carleton | 61 | -5 |
| Drew McIlveen | Ohio State A | Ohio State B | 61 | 15 |
| Teddy Fogel | Birmingham | Imperial B | 61 | 15 |
| 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 |
| Shiv Seshan | Cambridge | Warwick B | 86 | 10 |
| Will McCurley | Auburn 2026 | Gruh | 86 | -5 |
| Cade Reinberger | RIT | MIT | 89 | 10 |
| Gabe Dubowski | Illinois C | Chicago B | 89 | 10 |
| Kethan Raman | UCLA A | UCLA B | 90 | 10 |
| Graham Troy | 4 quizbowl pros go Virginia on North Carolina | Ashurbanipal’s Drag Race | 90 | -5 |
| Jonah Hubert | Notre Dame + Epic Games | Quatumvirate | 90 | 10 |
| Rohan Navaneetha | Ohio State D | Ohio State C | 90 | 10 |
| Kevin Ye | Simon Fraser | UBC | 90 | 10 |
| Liam Starnes | Chicago A | Iowa State | 90 | 10 |
| Logan Mathis | SIUE | WashU Squirtle | 91 | 10 |
| Joey Sun | Toronto C | McGill B | 92 | 10 |
| Aiden Wegener | George Washington | NYU B | 93 | 10 |
| Zeke Collins | Goober Gang | MSJ | 93 | -5 |
| Daniel Huang | Michigan D | Michigan C | 94 | 10 |
| Parth Jagtap | Toronto A | Toronto D | 94 | 10 |
| Leo Law | Project2025BC: Make Assyria Great Again | Keeping Up With the Cardassians | 96 | 10 |
| Lucas Johns | Warwick A | Lancaster | 96 | 10 |
| Parikshit Chauhan | P.C.‚ Daniel‚ Michel‚ and Jason B | girl 15 whale i mean they | 97 | 10 |
| Alan Fan | Mahjonng Masters | we need new names | 97 | -5 |
| 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 |
| 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 |
| Joe O'Connor | George Mason B | Catholic University of America | 104 | -5 |
| Zaid Asif | NYU C | Maryland B | 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 |
| Ben Richards | Sheffield C | Manchester | 129 | 10 |
| Matt Weiner | Ashurbanipal’s Drag Race | 4 quizbowl pros go Virginia on North Carolina | 129 | 10 |
| Yaj Jhajhria | UW A | Alberta | 129 | 10 |
| Simon Faltin | South Dakota School of Mines | Arizona State University B | 129 | 0 |
| Arav Kaushik | we need new names | Mahjonng Masters | 129 | 10 |
| Elise Wettach | Oberlin | Pittsburgh | 129 | 10 |
| Seth Kendall | Billy's Bastion | Qin Shi Huang's Immortality Poison | 129 | 10 |
| Maximilian Niebur | Johns Hopkins A | CWRU | 129 | 10 |
| Gus Vanskike | Maryland B | NYU C | 129 | 10 |
| Ethan Furman | Haverford A | Rutgers | 129 | 10 |
| Michael Pu | Gruh | Auburn 2026 | 129 | 10 |
| Athan Juritsch | Toronto E | Toronto Metropolitan | 129 | 10 |