Examlex
Technician A says that a throttle plate on a late-model diesel engine helps increase the exhaust temperatures for the exhaust aftertreatment catalysts. Technician B says diesel air intake is not throttled. Who is correct?
Inflation Rate
Measures the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
Nominal Interest Rate
The rate of interest before adjustments for inflation, as quoted by banks and financial institutions.
Real Interest Rate
An interest rate fine-tuned for inflation effects, illustrating the actual charge of borrowing or the factual yield from savings deposits.
Inflation Rate
The rate of climb in the general price structure for goods and services, slashing the potency of purchasing.
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