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Define demand, supply, and equilibrium price.
PPI
Producer Price Index, a measure of the average change over time in the selling prices received by domestic producers for their output.
Basket of Goods
A set of products or commodities compiled for the purpose of monitoring price changes in the market over time.
Nominal Interest Rate
The stated interest rate on a loan or financial product, not adjusted for inflation, reflecting the actual rate charged or paid.
Real Interest Rate
The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true return on savings.
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