Examlex
Rationalize the numerator of the expression and simplify.
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Saving
The portion of income not spent on consumption but kept aside for future use, often in a deposit account or as an investment.
Classical Dichotomy
The conceptual distinction between real and nominal variables within the economy, implying that alterations in the money supply solely impact nominal variables.
Nominal Variables
Variables measured in monetary terms that have not been adjusted for inflation, representing current prices.
Real Variables
Economic variables measured in physical units, reflecting quantities and qualities, rather than their monetary value, often adjusted for inflation.
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