Access Point #: SS.912.FL.3.AP.2


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Explain the impact of inflation on the value of money.
Number: SS.912.FL.3.AP.2 Category: Access Points
Date Adopted or Revised: 05/23 Standard: Saving

Related Benchmarks

Name Description
SS.912.FL.3.2 (Discontinued after 2023-2024): Examine the ideas that inflation reduces the value of money, including savings, that the real interest rate expresses the rate of return on savings, taking into account the effect of inflation and that the real interest rate is calculated as the nominal interest rate minus the rate of inflation.



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