Term
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Definition
| The wage divided by the price level. |
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Term
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Definition
| Income divided by the price level. |
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Term
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Definition
| The percent change per year in a price index- typically the consumer price index. |
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Term
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Definition
| The increased costs of transactions caused by inflation. |
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Term
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Definition
| The real costs of changing listed prices. |
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Term
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Definition
| Arise from the way inflation makes money a less reliable unit of measurement. |
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Term
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Definition
| The interest rate actually paid for a loan. |
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Term
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Definition
| The nominal interest rate minus the rate of inflation. |
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Term
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Definition
| The process of bringing the inflation rate down. |
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