An Example of a Nominal Variable Is ________

question 64

Multiple Choice

An example of a nominal variable is ________.

• A)income measured at current market prices
• B)expenditures in terms of the quantities of actual goods
• C)the chain weighted measure of GDP
• D)all of the above
• E)none of the above

---

Definitions:

Investing Activities

Financial transactions involving the purchase and sale of long-term assets and other investments, reflected in a company's cash flow statement.

Six-Month Note

A short-term financial instrument that matures or is due for payment within six months from the date it was issued.

Operating Activities

Activities directly related to the operation of the business, including production, sales, and delivery of the company's product.

Net Income

The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue; often referred to as the "bottom line."