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The space between the iris and the lens is the
Purchasing Power
The amount of goods or services one can obtain with a single unit of currency, determining its value.
Deflation
A decrease in the general price level of goods and services, often indicating an reduction in the supply of money or credit.
Nominal Interest Rate
The percentage rate at which interest is charged or paid on a loan or investment, not adjusted for inflation.
Inflation Rate
The upward trajectory of prices for goods and services, causing a consequent decline in how much one can purchase.
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