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Real GDP per capita (measured in 2009 dollars) was $52,444 in 2017 and has been growing each year since 2010. It grew 3.0% per year on average in the 1960s, 2.1% in the 1970s, 2.4% in the 1980s, 2.2% in the 1990s, 0.7% in the 2000s, and 0.9% from 2010 to 2017. [ 140 ]
The relation between real and nominal interest rates and the expected inflation rate is given by the Fisher equation where i = nominal interest rate; r = real interest rate; π e {\displaystyle \pi _ {e}} = expected inflation rate. For example, if somebody lends $1000 for a year at 10%, and receives $1100 back at the end of the year, this represents a 10% increase in her purchasing power if ...
California is a state in the Western United States, lying on the American Pacific Coast.It borders Oregon to the north, Nevada and Arizona to the east, and an international border with the Mexican state of Baja California to the south.
1 basis point (bp) = 1‱, 0.1‰, 0.01%, 10 −4, 1 / 10,000 , or 0.0001. 10 bp = 10‱, 1‰, 0.1%, 10 −3, 1 / 1,000 , or 0.001. 100 bp = 100‱, 10‰, 1%, 10 −2, 1 / 100 , or 0.01. Basis points are used as a convenient unit of measurement in contexts where percentage differences of less than 1% are discussed. The most common example is interest rates, where ...
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Illinois (/ ˌ ɪ l ɪ ˈ n ɔɪ / ⓘ IL-in-OY) is a state in the Midwestern region of the United States.It borders Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash and Ohio rivers to its south.
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