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Nominal Interest Rate
The rate of interest before adjustment for inflation, as opposed to the real interest rate, which is adjusted.
Expected Rate
The anticipated return or yield on an investment, saving account, or financial product, often used in planning and financial projections.
Inflation
The hike in the broad cost of goods and services, resulting in a reduction of purchasing leverage.
Labor Force
The sum of all individuals who are either working or actively searching for work within a specific country or area.
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