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What is a reporting system?
Real Interest Rate
The interest rate adjusted for inflation, providing a more accurate measure of the cost of borrowing and the real yield to investors.
Wage-Price Spiral
A situation where rising wages increase disposable income, leading to higher demand for goods and services, which then leads to higher prices and further wage demands.
Higher Wages
Increased salaries or hourly rates paid to employees.
Real Interest Rates
The interest rate adjusted for inflation, reflecting the real cost of borrowing and the real yield to lenders or investors.
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