Approximately How Many Adults Worldwide Cannot Read or Write

question 16

Multiple Choice

Approximately how many adults worldwide cannot read or write?

• A)93 million
• B)250 million
• C)300 million
• D)775 million
• E)1 billion

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Definitions:

Inflation Rate

Measures the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.

Nominal Interest Rate

The rate of interest before adjustments for inflation, as quoted by banks and financial institutions.

Real Interest Rate

An interest rate fine-tuned for inflation effects, illustrating the actual charge of borrowing or the factual yield from savings deposits.

Inflation Rate

The rate of climb in the general price structure for goods and services, slashing the potency of purchasing.