Global Philanthropy Giving Programs Have Tended to Focus on

question 36

Multiple Choice

Global philanthropy giving programs have tended to focus on

• A) the elimination of deceptive advertising.
• B) infrastructure needs, education, environment and healthcare.
• C) cultural and the arts.
• D) literacy programs.

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Definitions:

Rate of Inflation

The uplift in the general cost of products and services in an economy over an allotted period.

Consumer Price Index

A device that evaluates the average adjustment over time in the spending of urban consumers on a carefully selected series of consumer goods and services.

Real Interest Rate

The interest rate that has been modified to take inflation into account, representing the actual cost of borrowing and the genuine return on investments.

Nominal Interest Rate

The interest rate as stated without adjustment for inflation, representing the raw interest rate agreed upon in financial transactions.