Examlex
Selective mortality is the confounding effect on data collected in cross-sectional studies when comparing different cohorts.
Tax-Exempt
A status of financial or material exemption from the requirement to pay taxes granted by government authorities.
Present Value
The now-value of a later financial sum or succession of monetary flows, using a determined rate of return as the basis for calculation.
Interest Rate
This is the percentage of a sum of money charged for its use.
Equilibrium Interest Rate
The equilibrium interest rate is the interest rate at which the supply of loanable funds equals the demand, reflecting a balance in the financial market.
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