Related Access Points
This cluster includes the following access points.
Explain the difference between the nominal interest rate and the real interest rate.
Compare the value of money today to the value of money in the future.
Explain how government agencies regulate financial institutions to protect the banking system.
Explain government policies that create incentives and disincentives for people to save.
Explain how employer benefit programs create incentives and disincentives to save.
Identify how agencies regulate financial institutions to protect the banking system.
Identify government policies that create incentives for people to save.
Identify examples of the impact of inflation on the value of money.