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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
What is the difference between nominal variables and real variables? Discuss the calculations undertaken to determine the real wage rate and the real interest rate. Explain why the real wage rate and real interest rate are real variables.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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8 years ago
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This verified answer contains over 110 words.
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8 years ago
The textbook reference in your signature really helped me narrow it down.

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