The Difference Between Nominal and Real Is

question 48

Multiple Choice

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) 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.
• D) nominal is a number stated in dollars and real is stated with an index number.
• E) real is a number stated in dollars and nominal is stated with an index number.

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Definitions:

Arrow

A graphical symbol used to indicate direction or to point towards an object or location.

Weld Joint

The junction or area where two or more metal parts are joined together by welding.

Melt-Through Symbol

A symbol in welding used to denote the requirement for full penetration of the weld, ensuring the weld material extends through the thickness of the parts being joined.

Root Penetration

The depth to which weld material extends into the base material at the root of the joint, crucial for joint strength.