Examlex
The most significant narcotics problem in modern Western society is the use of
Real Rate
The interest rate adjusted for inflation, reflecting the true cost of borrowing or the true return on investment.
Nominal Rate
The interest rate before adjustments for inflation, as opposed to the real rate, which is adjusted for inflation.
Rate of Inflation
The percent change in the price level of goods and services in an economy over a period of time, usually measured annually.
Interest
Interest is the charge for borrowing money typically expressed as an annual percentage rate, or the income earned from lending money.
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