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The nominal value of a good is Question 54 options: the good's value expressed in purchasing power terms. the good's anticipated value one year from
The nominal value of a good is Question 54 options: the good's value expressed in purchasing power terms. the good's anticipated value one year from now. the price of the good in today's dollars. the price of the good in today's dollars, minus an anticipated inflation premium
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
