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differentiate between nominal figures and real figures​

Sagot :

valereigh05

Answer:

Nominal figures are the current monetary values. Real figures are adjusted for inflation and show prices at constant prices.

Explanation: Hope this helps:)

Nominal figures are figures that represent the current price level while real figures have been adjusted for inflation.

What are real and nominal figures?

Nominal figures reflects the level of inflation in a country while real figures have been adjusted for inflation. Most economic figures have both real and nominal data.

For example, there is real and nominal interest rate and real and nominal GDP.

To learn more about nominal and real  GDP, please check: https://brainly.com/question/834792

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