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What is the real number in between any two real numbers?
Between two different real numbers, there is an infinite amount of other real numbers. You can easily get one of them by taking the midpoint - i.e., calculate the average of the two numbers (add them, and divide the result by 2).
Is 1.25 a real number?
Yes, it is. Moreover, it is also a rational number. 1.25 * 4 = 5, so 1.25 = 5/4. All rational numbers are real numbers, so 1.25 is real. Any number you can think of, using decimal notation is real. Real numbers are allowed to have an infinity of digits (behind the decimal point).
Give an example of a not real number?
Real numbers are those which can be placed upon a number line stretching to infinity in both directions. To be "not real" you must be unable to do that. We call "not real" numbers "imaginary" numbers. They are numbers which are derived from the square root of -1. If you think about it, what number can be multiplied by itself and you end up with -1. In the real numbers, there isn't one. So we have imaginary numbers. They are written using Euler's notation where i represents the square root of -1. So, to answer your question, i is a "not real" number.
What is commutative property of addition using decimal numbers?
The commutative property of addition applies to all real and complex numbers. It has nothing whatsoever to do with the form in which the number is represented: decimal, binary, etc.
Are real numbers rational numbers?
Some are and some aren't. 62 is real and rational. 1/3 is real and rational. sqrt(2) is real and irrational. (pi) is real and irrational.
How can an increase in nominal income and a decrease in real income occur simultaneously?
real income is the change with inflation taken into account, nominal income is purely the change of income therefore if inflation was to be 5% and nominal income increased by 2% there would be a real income decrease of 3%
What are the difference real income and nominal income?
The nominal income is refer to the actual amount which a person received in perticular time of period may be in month or weekly which doest not have the effet of inflation and which is fixed in any curcumtances , for e g if there is raise in the prise of the commodities it leads the prise to the inflation but there will be no effect on the Nominal income holder as it is fixed,however in the Real income scenario the inflation amount will effect the real income as it is to be deducted from the Bominal income.hence Real income = Nominal income - inflation , Therefore we can say that real Income is the good measure to know the actual purchasing power of the economy and good aggregate to calculate the National Income
In 2002 Ortega's nominal income rose by 4.6 percent and the price level rose by 1.6 percent. What is Ortega's real income?
the nominal income rose by 3 percent
How do you calculate nominal GDP at market price?
Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.
What is the difference between real national income and nominal national income?
Real national income : the actual quantity of goods and services produced. the standard of living depends very much on the quantities of goods and services produced. Nominal national income : the money values of total output, total factor incomes and total expenditure. national income is measured in this way.
Distinguish between nominal national income and real national income?
real income is your real income. that's the actual money you've got. money income is the one which you are willing to spend (to buys goods etc.). So when we talk of the demand function we are considering the money income of the buyer.
How do you calculate real income Macroeconomics?
How do i get my yearly income decma value of $999
What is difference nominal cash flow and real cash flow?
Assuming we're using the cash-flows (Cf) and the required return rate (r) to calculate the Net Present Value (NPV), We need to follow the Rule of Consistency, which is to say, if our (r) is stated in real terms, we must use Real (Cf), and vice versa. Helpful formulas: To adjust Real (Cf) to Nominal, we compound it (n) periods, using the rate of inflation (inf), viz: (Cf-real) * (1+inf)^(n) Similarly, to adjust Nominal (Cf) to Real, we discount it viz: (Cf-nominal) / (1+inf)^(n) The Fisher Theorem illustrates the relation between real and nominal rates, viz: (1+r-nom) = (1+r-real) * (1+inf)
Are there any circumstances under which an investor might be more concerned about the nominal return on an investment than the real return?
circumstances: a. when investors calculate the tax on returns, they use nominal returns,because tax on nominal returns is less than real returns in order to adjust profits.
Compared to the presidential salary paid to John F. Kennedy in 1961 George W Bush's salary in 2005 was?
higher in real income, lower in nominal income
Why do economists use real GDP rather than nominal GDP to measure growth?
Real GDP reflects output more accurately than nominal GDP by using constant prices.
How do you calculate GDP deflater?
GDP Deflator = Nominal GDP/Real GDP x 100.
