3 indexing is adjusting a O nominal value to changes in expected inflation. nominal value to changes in the general price level. Oreal value to changes in the general price level. real value to changes in the consumer price index.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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3
4
measured in constant prices.
adjusted for inflation.
indexing is adjusting a
nominal value to changes in expected inflation.
nominal value to changes in the general price level.
real value to changes in the general price level.
real value to changes in the consumer price index.
A real interest rate is
the percentage amount of money that is paid for a deposit.
an interest rate adjusted for past inflation.
an interest rate adjusted for expected inflation.
O the percentage amount of a loan that is received from a loan.
Transcribed Image Text:3 4 measured in constant prices. adjusted for inflation. indexing is adjusting a nominal value to changes in expected inflation. nominal value to changes in the general price level. real value to changes in the general price level. real value to changes in the consumer price index. A real interest rate is the percentage amount of money that is paid for a deposit. an interest rate adjusted for past inflation. an interest rate adjusted for expected inflation. O the percentage amount of a loan that is received from a loan.
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