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While most Americans share similar political values, how they interpret those values in practice often differs. Describe some of the conflicts that arise in politics when broadly defined values are implemented in governmental policies. What are some of the controversies that have arisen over the meaning of equality and the meaning of liberty?
Nominal Interest Rate
The interest rate before adjustments for inflation, representing the raw rate of interest paid on savings or charged on loans.
Real Interest Rate
The rate of interest an investor expects to receive after allowing for inflation, representing the true cost of borrowing and the true yield on investing.
Nominal Interest Rate
The interest rate before adjustments for inflation; the stated or face interest rate on a loan or investment.
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