Real interest rates typically are positive because people expect to be compensated for deferring the use of savings from the present into the future. Higher interest rates increase the rewards for saving.
Standard detail
3.
Benchmark
Depth 1Parent ID: D89CD8D6E4F744218BA6EAEED0288308Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 3.
- List ID
- 3.
- Standard ID
- F4CB3A662F084C339992C3455D720524
- ASN identifier
- S2604563
- Subject
- Financial Literacy
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- D89CD8D6E4F744218BA6EAEED0288308
- Source document
- National Standards for Financial Literacy (2013)
- License
- CC BY 3.0 US