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When a light ray travels between any two points,the path it takes is the one that (Hint: Eliminate answers you know are wrong. )
Expected Inflation
The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling, as anticipated by consumers, businesses, and policymakers.
Stock Market Declines
Periods when stock prices are falling, leading to a decrease in the value of investment portfolios.
Interest Rates
The cost of borrowing money, expressed as a percentage, charged by a lender to a borrower for the use of funds.
Real Interest Rate
The interest rate adjusted for inflation, reflecting the true cost of borrowing and the true yield to the lender or investor, compared to the nominal interest rate.
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