The nominal value of anything is its price expressed in , and the real value of anything is its value expressed in .

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The nominal value of anything is its price expressed in ________, and the real value of anything is its value expressed in ________.

asked Nov 27, 2018 18.0k views

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Xiaodan Mao · Answer 1 · 2018-11-30T02:52:46+0000

Answer: The nominal value of anything is its price expressed inâ€‹ terms of money, and the real value of anything is its value expressed inâ€‹ purchasing power adjusted to inflation.

Nagesh Katna · Answer 2 · 2018-12-01T05:41:21+0000

The nominal value of anything is its price expressed in today's dollars
, and the real value of anything is its value expressed in in purchasing power, adjusted for inflation. The nominal value measures the dollar value of the product at the time it was produced, while real values give the general price level of the product.

The nominal value of anything is its price expressed in , and the real value of anything is its value expressed in .

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The nominal value of anything is its price expressed in​ ________, and the real value of anything is its value expressed in​ ________.

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The nominal value of anything is its price expressed in , and the real value of anything is its value expressed in .