__________ Variables Are Those for Which Each Individual Can Be

question 12

Short Answer

__________ variables are those for which each individual can be placed into a group but the groups may not have any logical ordering.

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Definitions:

Nominal Return

The rate of return on an investment without adjusting for inflation.

Tax Rate

The tax rate is the percentage at which an individual or corporation is taxed by the government on income or property.

Inflation Rate

The percentage increase in the general level of prices for goods and services in an economy over a period of time, typically measured on a yearly basis.

Low Inflation

A situation characterized by a slow rate of increase in the prices of goods and services, indicating stable economic conditions.