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.