Examlex
A reduction in the central bank's inflation target will result in:
Future Taxpayers
Individuals or entities that will be responsible for contributing to government revenues through taxes in the future.
Promised Benefits
The guaranteed or expected advantages or returns, often from investments, insurance policies, or employment contracts.
Real Rate
refers to the interest rate adjusted for inflation, providing a more accurate measure of the true cost of borrowing or the real yield on an investment.
Tax Rate Structure
The way in which different rates of taxation are applied to different levels of income or other bases.
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