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Figure 53.7
-Considering the global water cycle depicted in the figure above, where does one find the largest amount of water changing phases?
Inflation Rate
The percentage rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling over a specific period of time.
CPI
This index reflects the mean shift in costs over time for a collection of consumer goods and services as experienced by urban buyers.
Ear of Corn
An ear of corn is the part of the corn plant that contains the kernels, which are the seeds of the plant, encased in a husk.
Nominal Interest Rate
The interest rate before adjustments for inflation, often reported on a per annum basis.
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