Examlex
What have been the changes or modifications in thinking about monetary rules in recent decades?
Real Interest Rate
The interest rate adjusted for inflation, representing the real cost of borrowing and the real yield to lenders.
Inflation
A general increase in prices and fall in the purchasing value of money over time.
Bureau of Labor Statistics
A United States government agency that collects, processes, and disseminates essential statistical data about labor markets, employment, and inflation.
GDP Deflator
The GDP Deflator is a measure of the price level of all domestically produced goods and services in a country, used to adjust nominal GDP to real GDP.
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