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- Nominal_money abstract "Nominal money, in economics, is the quantity of money measured in a particular currency and is directly proportional to the price level.This means, among other things, that if the price level rises by 10%, 10% more money than before is necessary in order to maintain stability. For example, a $20 item will cost $22 after the price level increases by 10%.Real money is the quantity of money measured as a constant (e.g. the value of the dollar in 1997), and it relates to Nominal money as follows:Nominal money = Price level * Real money.Therefore:Real Money = Nominal money/Price Level,where Real Money is the quantity of money measured in terms of what it will buy. Thus, $22 at the new price level will buy the same amount of goods as $20 at the original price level.|$2.00".
- Nominal_money wikiPageID "1611983".
- Nominal_money wikiPageLength "947".
- Nominal_money wikiPageOutDegree "4".
- Nominal_money wikiPageRevisionID "601677777".
- Nominal_money wikiPageWikiLink Category:Money.
- Nominal_money wikiPageWikiLink Currency.
- Nominal_money wikiPageWikiLink Economics.
- Nominal_money wikiPageWikiLink Price_level.
- Nominal_money hasPhotoCollection Nominal_money.
- Nominal_money wikiPageUsesTemplate Template:Multiple_issues.
- Nominal_money subject Category:Money.
- Nominal_money hypernym Quantity.
- Nominal_money type Article.
- Nominal_money type Article.
- Nominal_money comment "Nominal money, in economics, is the quantity of money measured in a particular currency and is directly proportional to the price level.This means, among other things, that if the price level rises by 10%, 10% more money than before is necessary in order to maintain stability. For example, a $20 item will cost $22 after the price level increases by 10%.Real money is the quantity of money measured as a constant (e.g.".
- Nominal_money label "Nominal money".
- Nominal_money sameAs 名目貨幣.
- Nominal_money sameAs m.05glfl.
- Nominal_money sameAs Q7048582.
- Nominal_money sameAs Q7048582.
- Nominal_money wasDerivedFrom Nominal_money?oldid=601677777.
- Nominal_money isPrimaryTopicOf Nominal_money.