The real value of any variable is:
A. its nominal value adjusted for inflation.
B. its nominal value holding the base constant.
C. its nominal value holding the quantity constant.
D. its nominal value hold the basket constant.
Answer: A
The real value of any variable is:
A. its nominal value adjusted for inflation.
B. its nominal value holding the base constant.
C. its nominal value holding the quantity constant.
D. its nominal value hold the basket constant.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.