Explain why savers typically earn a higher nominal rate of interest when inflation is high.
Standard detail
SAV.4a
Depth 2Parent ID: 54099B764950423DACF1C83D3C9198D3Standard set: 12th Grade
Original statement
Quick facts
- Statement code
- SAV.4a
- List ID
- a
- Standard ID
- 8A8F863F443041FEBF288BF2B00B5F44
- Subject
- Personal Financial Education (2021)
- Grades
- 12
- Ancestor IDs
- 54099B764950423DACF1C83D3C9198D31A5169AAAF7F4ED5BC0770208D962047
- Source document
- National Standards for Personal Financial Education
- License
- CC BY 4.0 US