Examlex
Explain what is meant by care work and how it is viewed by most.
Consumer Price Index
An index that measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.
Effective Annualized Rate
The interest rate on an investment or loan on an annual basis, taking compounding into account.
Inflation
The rate at which the general level of prices for goods and services is rising, eroding purchasing power.
Effective Interest Rate
The actual annual interest rate that an investor earns or pays, taking into account the effect of compounding over the period.
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