Nominal dollars(redirected from Real versus nominal value)
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Related to Real versus nominal value: Nominal price
Dollars that are not adjusted for inflation.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Describing a variable that does not take inflation into account. For example, when considering GDP growth, if GDP has grown 10% in nominal terms and the inflation rate is 3%, real GDP growth is only 7%.
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