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Which of the following is an example of a proper interview question as compared to an improper interview question?
Nominal Rate
The interest rate before adjustments for inflation, as opposed to the real rate, which is adjusted for inflation.
Rate of Inflation
The percent change in the price level of goods and services in an economy over a period of time, usually measured annually.
Interest
Interest is the charge for borrowing money typically expressed as an annual percentage rate, or the income earned from lending money.
Consumption
Families or individuals partaking in the use of goods and services.
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