Examlex
If nitrifying bacteria were not present in a soil, plants would ____.
Shoeleather Costs
Shoeleather costs are the metaphorical costs of inflation, referring to the time and effort spent trying to avoid holding onto cash as it loses value.
Real Interest Rate
The rate of interest an investor expects to receive after allowing for inflation.
CPI
Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, used as an indicator of inflation.
Fisher Effect
A theory proposed by economist Irving Fisher that describes the relationship between inflation and both real and nominal interest rates.
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