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Which of the following is a characteristic of a liability?
After-Tax Real Rate
The interest rate after the adjustment for taxes and inflation.
Inflation Rate
The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
Annual Interest Rate
The interest rate charged by lenders on loans or paid on deposits, standardized as an annual rate.
Rate of Inflation
The Rate of Inflation measures the percentage increase in the general price level of goods and services in an economy over a period of time.
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