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NikNik NikNik
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5 years ago
The difference between nominal and real is
A) nominal is measured in current dollars and real is measured in dollars of a given year.
B) real is measured in current dollars and nominal is measured in dollars of a given year.
C) nominal is a number stated in dollars and real is stated with an index number.
D) real is a number stated in dollars and nominal is stated with an index number.
E) both nominal and real are measured with index numbers, only the nominal index is greater than 100 and the real index is less than 100.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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godsgrace2013godsgrace2013
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NikNik Author
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...I assume it was right Smiling Face with Open Mouth
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