Nominal Interest Rates Are More Important Than Real Interest Rates

question 108

True/False

Nominal interest rates are more important than real interest rates for making smart saving and investing decisions.

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Definitions:

Sensation Seeking

A trait characterized by the search for experiences and feelings that are varied, novel, complex, and intense, and the willingness to take physical, social, legal, and financial risks for the sake of such experiences.

Good Sensation

A positive, often physical, feeling or experience that is pleasing to the senses.

Bad Sensation

A term typically describing an unfavorable physical or emotional feeling experienced by an individual.

Positive Psychology

A branch of psychology that focuses on the study of positive human functioning and flourishing on multiple levels, including the biological, personal, relational, institutional, cultural, and global dimensions of life.