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Oxidation occurs when plastic is exposed to moisture and air.
Purchasing Power
How much goods or services can be bought with one unit of money, indicating the currency's value.
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.
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