A Nominal Quantity Is Measured

question 74

Multiple Choice

A nominal quantity is measured

• A) in physical terms.
• B) in terms of current dollar values.
• C) using the consumer price index.
• D) by deflating.
• E) by indexing.

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Definitions:

International Transactions

Financial operations that occur across national borders, involving the exchange of goods, services, or capital between countries.

Intermediary

An entity or person that acts as a mediator or link between parties to facilitate a transaction or agreement.