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Summarize the information on interest rates.
In day to day conversation we tend to hear references to "the interest rate". This is somewhat misleading, as in an economy there are dozens if not hundreds of rates interest between borrowers and lenders. [ The differences in rates can be due to the duration of the loan or the perceived riskiness of the borrower. To learn more about the different types of interest rates, see What's the
Difference Between all the Interest Rates in the Newspaper? Nominal Interest Rates vs. Real Interest Rates Note that when people discuss interest rates, they're generally talking about nominal interest rates. A nominal variable, such as a nominal interest rate, is one where the effects of inflation have not been accounted for. Changes in the nominal interest rate often move with changes in the inflation rate, as lenders not only have to be compensated for delaying their consumption, they also must be compensated for the fact that a dollar will not buy as much a year from now as it does today. Real interest rates are interest rates where inflation has been accounted for ]
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Weegy: Although first and second place pronouns are not 100% forbidden in academic writing, it is true that students are encouraged to avoid them. [ [ Why? The main reasons are what they do to tone of voice and how the second person pronoun can miss the targeted audience. Both first and second person pronouns have an informal tone of voice. With first person pronouns, the writer is referring to herself directly ("I did this" "my reason is"). ... (More)
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Asked 6/9/2011 1:06:15 PM
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Asked 6/9/2011 1:02:12 PM
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Students are often confused about the use of the words good and well in their writing why?
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