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

Assignment Help:

What is the difference between real money & nominal money?

1) Nominal cash is related to the measure of counting. Moderate figure is what is written on the bill. Whereas actual cash concerns it's buying energy. for egg: if 10 systems in moderate cash can buy 2 sweets in 1980 and 1 chocolate in 2000, in the same way, 10 systems of moderate cash is 10units of actual cash in 1980 and 5 systems of actual cash in 2000.

2) The moderate cash has no purchasing energy, where as the actual cash has buying energy.

Expertsmind.com offers unique finance assignment help


Related Discussions:- What is the difference between real money & nominal money?

Solve problems using dc electrical principles, Electronics Engineering Assi...

Electronics Engineering Assignment# Solve problems using DC electrical principles 1.3 A 220 F capacitor is required to store 11mJ of energy. What voltage needs to appear

Level indicator., i have a project to be completed, the project is, How to ...

i have a project to be completed, the project is, How to make a device which warns you when your water reservoir is full?? i want the name of device needed and the way to complete

Elastic and plastic deformation, Q. Define elastic and plastic deformation ...

Q. Define elastic and plastic deformation and differentiate between them. Ans. Elastic deformation : Elastic deformation is that part of the deformed material, when the

Engine cycles, ENGINE CYCLES The two commonly used cycles on which th...

ENGINE CYCLES The two commonly used cycles on which the I.C. engines operate are: 1Otto cycle.         2 Diesel cycle. 1 OTTO CYCLE: theoretical Otto cycle is shown i

Describe the antenna properties, Question: (a) Describe the following ...

Question: (a) Describe the following antenna properties / characteristics: (i) radiation pattern (ii) the main beam and beamwidth (iii) sidelobes (iv) directivity

Fluid (liquid) ice protection systems, FLUID (LIQUID) ICE PROTECTION SYSTEM...

FLUID (LIQUID) ICE PROTECTION SYSTEMS: Liquid ice protection systems can be used as either anti-ice or de-ice systems.  The system is designed to project a film or fluid over t

Matrix laboratory solutions, Matrix laboratory solutions with matlab assign...

Matrix laboratory solutions with matlab assignment help MATLAB (matrix laboratory) is an exact processing atmosphere and fourth-generation selection terminology. Designed by Nu

Students industrial work experience, Where are the recomended areas or indu...

Where are the recomended areas or industries where an Agricultural Engineering Student can apply for industrial training?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd