Examlex
Without _____ our perception of reality would be in a continual state of flux.
Real Salary
The purchasing power of an individual's income, taking into account the effect of inflation on spending power.
Nominal Salary
The amount of money earned by an employee before any deductions or adjustments for inflation.
Goods and Services
Physical products (goods) and intangible benefits (services) that fulfill consumers' needs or desires.
Nominal Wage
The wage paid to workers measured in current monetary units, without taking inflation into account.
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