Solved

The Nominal Value of an Economic Variable Is

Question 30

Multiple Choice

The nominal value of an economic variable is:


A) a measure of the goods it will buy.
B) expressed in current dollar terms.
C) adjusted for changes in the overall price level in the economy.
D) affected by the prices of all other goods in the economy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions