Nominal Output Is the _________ of Goods and Services, and Real

question 153

Multiple Choice

Nominal output is the _________ of goods and services, and real output is the _______ of goods and services .

• A) dollar value; actual amount
• B) actual amount; dollar value
• C) actual amount; dollar value with inflation
• D) dollar value with inflation; dollar value

---

Definitions:

Taxable Corporate Bond

A fixed-income security issued by a corporation that is subject to taxes on the interest income received by the bondholder.

Pretax Equivalent

Pretax Equivalent is a term used in finance to describe the gross amount of income or yield before taxes are deducted, useful for comparing investments with different tax treatments.

Uncollected Receivables

Amounts owed to a company by customers for goods or services delivered but not yet paid for.

Written Off

Refers to the elimination of an asset's value from a company's balance sheet due to it being unrecoverable or having no further use.