Examlex
________ consists of connecting directly with carefully targeted consumers,often on a one-to-one,interactive basis.
Nominal Interest Rate
The interest rate before adjustments for inflation, representing the face value of interest payments.
Real Interest Rate
The interest rate adjusted for inflation, reflecting the true cost of borrowing and the true yield on savings.
Monetary Neutrality
The idea that changes in the money supply only affect nominal variables (like prices) in the long run and have no effect on real variables (like output or employment).
Money Supply
The combined total of all monetary resources in an economy at a designated time, including cash, coins, and balances in checking and savings accounts.
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