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The monetary base declines when
Real Asset
Physical or tangible assets, such as real estate, commodities, or natural resources, which have intrinsic value.
Consumer Durables
Long-term goods purchased by consumers that are expected to last for several years, such as appliances, cars, and furniture.
Real Estate
Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water.
Mutual Fund Shares
Portions of ownership in a mutual fund that an investor can buy, representing a share in the fund's profits, losses, income, and expenses.
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