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How should a communicator judge the effectiveness of communication?
Nominal Interest Rate
The interest rate before adjustment for inflation, representing the actual percentage earned or paid on a financial investment or loan.
Consumer Price Index (CPI)
A measure of the overall cost of the goods and services bought by a typical consumer.
Inflation Rate
The percentage increase in the price of goods and services over time, which leads to a decrease in the ability to purchase.
Base Period
A specific point in time or period that is used as a reference for the calculation of index numbers, such as price indexes or economic indicators.
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