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Belief in witchcraft was widespread throughout Europe in the seventeenth century.
Real Interest Rate
The rate of interest an investor expects to receive after allowing for inflation, providing a more accurate measure of investment value.
Nominal Risk-Free Rate
The rate of return on an investment without inflation taken into account, representing only the absolute interest amount.
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.
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