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
The second order (two degree of freedom) Dutch-Roll approximation is an approximation to the above fourth order system for the Dutch Roll dynamics. A justification for this is to c

ENGINE DRAINS. There are two types of drains: • Controlled drains - the result of normal operation. • Uncontrolled drains - the result of abnormal operation. CONTROLLE

Oil pressure warning light: Oil pressure is also monitored by an oil pressure switch that puts a light on when the oil pressure reaches a low level. The light is usually red an

Linear lateral dynamics The second order (two degree of freedom) Dutch-Roll approximation is an approximation to the abovefourth order system for the Dutch Roll dynamics. A jus

''If a non-coplaner force system is acted upon by equal and opposite forces,it must be in equilibrium''.State this statement is true or false.Please,give me a reason.

The Impact and Post-impact Behaviour of Composites  Many early studies involved doing Charpy tests on small notched samples. This is a destructive test of impact resistance, co

Seekers   There are two main types of sensor used in autonomous vehicles (seekers and position/attitude sensors) - although not all systems have both.            - Airc

analyse modelling for safe home security system

Why would an investor buy preferred stock? A buyer that wants the benefit potential of value but wants to reduce possibility would buy recommended inventory. The buyer would rec

How i can have the FLM if i dont have the Total Assets or Shareholders Equity