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Instructions: Please write a thorough, well-organized essay to answer each question. Explain the commercial revolution of the High Middle Ages and its consequences.
Real Rate
This is the interest rate adjusted for inflation, representing the real cost of borrowing and the real yield to lenders or investors.
Interest
The cost of borrowing money, typically expressed as an annual percentage rate, or the return on investment for savings.
Inflation
The frequency at which the overall cost of goods and services elevates, depreciating the purchasing power.
Cost-Of-Living Adjustment
An increase in income or benefits to compensate for a rise in the prices of goods and services, maintaining the purchasing power.
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