If the Bank Agrees to Make a Loan at a 7

question 59

Multiple Choice

If the bank agrees to make a loan at a 7% interest rate and the inflation rate is 3%, then 4% is the ______ rate.

• A)nominal interest
• B)real interest
• C)hyperinflation
• D)disinflation

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Definitions:

Cumulative Hassles

Minor everyday problems and annoyances that build up over time, potentially impacting mental health and well-being.

PTSD

Post-Traumatic Stress Disorder, a mental health condition triggered by experiencing or witnessing a terrifying event, characterized by flashbacks, nightmares, and severe anxiety.

Chronic Illness

A long-lasting health condition that can be controlled but not cured, often requiring ongoing medical attention and impacting everyday life.

Bullying

aggressive and unwanted behavior often involving a real or perceived power imbalance, with the intention to hurt, harass, or intimidate someone.