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

Assignment Help:

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


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

Ts diagram, how to find points on Ts diagram?

how to find points on Ts diagram?

Pneumatics, 3. Design and draw a circuit using the cascade system to operat...

3. Design and draw a circuit using the cascade system to operate two cylinders (A and B) which, on the operation of a start valve, produces the sequence A – B + B – A+. The cylinde

Finance ass, Let C(K) denote a European vanilla Call option with strike pri...

Let C(K) denote a European vanilla Call option with strike price K. Assume that all options are identical except for strike price, and strike prices satisfy (K1) What are the no-

Salvage value Terminal cash flows, Terminal cash flows Salvage value Sal...

Terminal cash flows Salvage value Salvage value (SV) is the most common example of terminal cash flows. Salvage value may be defined as the market price of an investment at the

Transistor configurations, TRANSISTOR CONFIGURATIONS: Before a transist...

TRANSISTOR CONFIGURATIONS: Before a transistor can be used, it must be connected into an input circuit (by two wires) and an output circuit (two wires).  However, because the t

Gravity die casting , Gravity Die Casting  In PERMANENT MOULD CASTING, ...

Gravity Die Casting  In PERMANENT MOULD CASTING, molten metal is poured under gravity into a metal mould where it remains until it solidifies. The mould is then opened and the

International finance, at the beginning of year 1 the terranian central ban...

at the beginning of year 1 the terranian central bank conducted k100 million of dollar selling/terranian kwacha buying intervention. The intervention was undertaken at the rate of

Cash flow diagrams, Cash Flow Diagrams We will use a cash flow approac...

Cash Flow Diagrams We will use a cash flow approach to analyze the flow of money through out a planning horizon. A cash flow occurs when money actually change hands. We will u

Electrometallurgy, explain electrometallurgy for metal extraction process u...

explain electrometallurgy for metal extraction process using a schematic diagram

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