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Describe the characteristics of visual stimuli that evoke a response from newborns. What changes occur in this area during the first three months of life?
Real Interest Rates
This is the interest rate after inflation adjustment, demonstrating the true cost of loans or the actual gains from savings accounts.
Nominal Interest Rates
The interest rates before adjustments for inflation, indicating the gross return on financial investments or loans.
Inflation
The rate of increase in the general price index for goods and services, leading to a decrease in how much can be bought.
Purchasing Power
The amount of goods or services one can obtain with a single unit of currency, determining its value.
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