Question

If the anticipated inflation rate is percent and the nominal interest rate is percent, the real interest rate is nothing percent. (round your response to two decimal places.)

Answer 1

Integrity of data refers to the necessity that data not be altered while in transit and that the data be kept data's confidentiality consistent, accurate, and reliable. As a result, data cannot be changed by unauthorized parties.

Data confidentiality is a criterion that ensures data privacy and prevents sensitive information or personal data from reaching the incorrect people. As a result, only the appropriate individuals should have access to such data.

From a bank's standpoint, the data's integrity is more crucial in this case because any issues with the data's integrity between the consumer data's confidentiality and the bank will result in serious consequences.

From the standpoint of the bank's clients, too, the data's confidentiality would be more important because clients wouldn't want to provide any information to a third party, making privacy the main necessity in such circumstances.

Learn more about data's confidentiality here

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