One way, to describe the relationship between real interest rates and inflation, is based on our experience with the monetary theory of the price level. The quantity theory of money can be used under certain assumptions as a good description of the long-run relationship between money and prices.ne way, to describe the relationship between real interest rates and inflation, is based on our experience with the monetary theory of the price level. The quantity theory of money can be used under certain assumptions as a good description of the long-run relationship between money and prices.
What Are Percentiles? Percentiles are measurements that show where a child is compared with others. On the growth charts, the percentiles are shown as lines drawn in curved patterns. When doctors plot a child's weight and height on the chart, they see which percentile line those measurements land on.
A percentile is the position of an observation in the data set relative to the other observations in the data set. Specifically the percentile represents the percentage of the sample that falls below this observation. 50th percentile because half of the data or 50% of the observations lie below the median.