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All tags for this page:Nominal Vs. Real Costs
09/17/2010 09:29pm - via http://www.lubavitchofho... - Details
afnishane: In economics, the difference between nominal and real costs is the adjustment for inflation. Real costs account for changes in price, while nominal costs offer an assessment of quantity.
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In economics, the difference between nominal and real costs is the adjustment for inflation. Real costs account for changes in price, while nominal costs offer an assessment of quantity.
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