Examlex
In general,which of the following BEST describes birth-order effects?
Base Rate Component
Fundamental part of an interest rate, often the reference rate from which banks determine their own lending rates.
Inflation
The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
Production Sector
A segment of the economy that includes the activities involving the manufacturing and production of goods.
Consumption Sector
Part of the economy that involves the purchase of goods and services by individuals and households.
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