Examlex
According to a study by Brandstätter & Farthofer in 2003, which of the following is common among students who work lengthy hours?
GDP Deflator
A price index used to measure price changes in the items that go into GDP.
Cyclical Unemployment
Unemployment caused by fluctuations in the economic cycle, such as expansions and recessions, often related to changes in demand.
Real Rate
The real rate is the interest rate adjusted for inflation, reflecting the true cost of borrowing or the real yield on an investment.
Nominal Rate
The stated interest rate of an investment or loan, without adjustment for inflation or other factors that affect the real rate of return.
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