By Mike Moffatt http://economics.about.com/cs/macrohelp/a/nominal_vs_real.htm Real Variables and Nominal Variables Explained [Q:] I'm learning economics and I keep hearing the terms nominal and real all the time to describe things like interest rates. What's the difference between nominal ...
求翻译:An explanation of the difference between real and nominal growth, identifying that in real terms inflation is taken into account. In 1998 the growth rate is shown as 3%. If this figure is the nominal rate and inflation is measured at 3.1%, then there is no real growth in the econ...
Answer to: What is the difference between real income and nominal income? By signing up, you'll get thousands of step-by-step solutions to your...
Explain the difference between real and nominal GDP. Does GDP accurately reflect our nation's productivity? Why or why not? What is the value of using real GDP instead of nominal GDP? Explain the difference between nominal and real GDP. How are they measured and what is their usefulness ...
aAn explanation of the difference between real and nominal growth, identifying that in real terms inflation is taken into account. In 1998 the growth rate is shown as 3%. If this figure is the nominal rate and inflation is measured at 3.1%, then there is no real growth in the economy. ...
things involving money, what we mean by "interest rates" can vary considerably. For instance, economists distinguish between the "nominal" interest rate and the "real" interest rate, with the latter divided further between the "ex-ante" real interest rate and the "ex-post" real interest rate...
The GDP deflator is the percentage difference between: A. nominal GDP and real GDP. B. GDP calculated using the income and expenditure approaches. C. GDP calculated using the value-of-final-output method and the sum-of-final-output method. 相关知识点: 试题来源: 解析 A 略 反馈 收藏 ...
What is the core difference between realism and materialism? Realism is about the existence of reality independently of our perceptions, while materialism focuses only on physical matter as real. 11 Can materialism explain all aspects of human experience? Critics argue that materialism cannot adequately...
To determine the difference between the two numbers, simply subtract the smaller number from the larger number. Nominal Value and Real Value in Economics Economists use the terms “nominal” and “real” to discuss financial value. In this context, “nominal” refers to...
The relationship between real and nominal interest rates can be expounded to other economic concepts. For example, economists may analyze the change in real vs. nominal prices of goods. Through their analysis, economists often assign a baseline constant to real values. For example, an economist ma...