Examlex
Explain how each of the following can be thought of as technological change, or if it cannot be thought of as technological change, explain why not.
Spot Rate
The current market price at which a particular asset can be bought or sold for immediate delivery.
Japanese Yen
Japan's designated legal tender, marked by the symbol ¥, and a highly traded currency in the international forex market.
Risk-Free Rate
The assumed yield an investment would generate if it carried no risk, often indicated through government bond yields.
Inflation Rate
The velocity at which the comprehensive price index for goods and services rises, lessening monetary value.
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