The Difference Between Nominal and Real Is

question 200

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

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