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When asked to predict their future performance in mathematics,boys
Savers
Individuals or entities that set aside a portion of current income for future use, often by depositing money in savings accounts or investing in securities.
Inflation Rate
The speed at which the overall price level of goods and services increases, leading to a decrease in purchasing power.
Nominal Interest Rate
The interest rate expressed in terms of annual amounts currently charged for interest and not adjusted for inflation.
Real Interest Rate
The interest rate expressed in dollars of constant value (adjusted for inflation) and equal to the nominal interest rate minus the expected rate of inflation.
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