Examlex
Which of the following statements a) , b) or c) is false?
Inflation Rate
The percentage increase in the price level of goods and services in an economy over a given period of time.
Nominal Interest Rate
The percentage increase in money that borrowers pay to lenders, not adjusted for inflation.
Real Interest Rate
The interest rate adjusted for inflation, representing the true cost of borrowing and the real yield to savers and investors.
Inflation Rate
The rate expressed in percentage terms showing the increase in prices for goods and services, leading to a reduction in buying power.
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