What is the difference between real money & nominal money?, Other Engineering

What is the difference between real money & nominal money? 

Moderate cash is relevant to the evaluate of keeping track of. nominal
figure is what is published on the expenses. where as actual money
relates to it's buying energy.
for eg:
if 10 systems in nominal cash can buy 2 sweets in 1980 and
1 dark delicious chocolate in 2000, in the same way, 10 systems of nominal
money is 10units of actual cash in 1980 and 5 systems of real
money in 2000.Nominal cash associates more to its evaluate of keeping track of - so nominal determine of what is published on expenses, while "real" associates more to its buying energy (usually between some times of time). For example 100 systems in nominal could buy 2 systems of excellent in 1950 and 1 device of excellent in 2005, as well actual value of this 100 nominal systems are 100 actual systems in 1950 and 50 actual systems in 2005.

Expertsmind.com offers unique finance assignment help

Posted Date: 3/31/2012 2:11:26 AM | Location : United States







Related Discussions:- What is the difference between real money & nominal money?, Assignment Help, Ask Question on What is the difference between real money & nominal money?, Get Answer, Expert's Help, What is the difference between real money & nominal money? Discussions

Write discussion on What is the difference between real money & nominal money?
Your posts are moderated
Related Questions
Kalman Filtering  All of the measurements generated by the seeker and the navigation system/rate gyros are noisy, and therefore need to be filtered.  The Kalman filter, a



ENGINE TORQUE It is the force of rotating action about the crankshaft axis at any given instant of time. It is given by,

I am not getting proper infrared receiver for my mini project so help for finding proper ir receiver..

Synchro resolvers for high load The receiver rotor is driven by an electric motor to a null position, i.e. the receiver coil will be aligned at 90 o  to the transmitter coil. A

Agricultural engineering does not easily mean only fruits and vegetables formed from the fields. Agriculture has come up with a dissimilar  look now. When you open a paouch of chip

general energy equation, non- flow energy equation, steady flow equation, joule''s law

The figure below compares the discrete solution with the exact analytical solution The error is largest at the right boundary where it is equal to solution. The error is largest at

Oil supply failure - Propeller: To prevent an overspeed caused by an oil supply failure, one of two methods may be employed: • Hydraulic lock valve The pitch lock mecha