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What is the economic Definition of nominal stock of money?
Hi nominal means in terms og currency. That is the value of the money before anything is done with it. I.e. taking into account inflation, taxes etc.
Explain real GDP vs potential GDP?
Potential GDP is the total numerical value of GDP before inflation is counted in. Real GDP is nominal GDP adjusted for inflation
What statistic would you need to check before you began to celebrateif you found that nominal GDP has doubled overnight?
i dont know it
What would happen if nominal GDP doubles over night what statistic would you need to check before you began to celebrate?
Check the inflation rate, and the real GDP. If inflation also is very high, nominal GDP could increase despite there not being any increase in output.
What is the economic value of wolves?
before Europeans settlers arrived
What is the adjusted gross income before or after the standard deduction?
Adjusted gross income is calculated before the standard deduction is applied. The standard deduction is then subtracted from the adjusted gross income to determine the taxable income.
Is annual income calculated before or after taxes?
Annual gross taxable income and your adjusted gross income amount of worldwide income would be calculated before taxes.
What is the economic Definition of nominal stock of money?
Hi nominal means in terms og currency. That is the value of the money before anything is done with it. I.e. taking into account inflation, taxes etc.
Explain real GDP vs potential GDP?
Potential GDP is the total numerical value of GDP before inflation is counted in. Real GDP is nominal GDP adjusted for inflation
You nominal rate the same as true rate?
No. Nominal interest rate is the rate before adjustments for inflation.
What is the difference between deduction for AGI and deduction from AGI?
The difference between deduction for AGI and deduction from AGI is that deduction for AGI reduces your total income before calculating your adjusted gross income, while deduction from AGI reduces your adjusted gross income after it has been calculated.
What is the donor's adjusted basis of the gift?
The donor's adjusted basis of the gift is the original cost of the gift, adjusted for any changes in value or improvements made to the gift before it was given.
What is nominal sample concentration and how is it calculated?
Nominal sample concentration refers to the theoretical or expected concentration of a substance in a sample, typically expressed in units such as molarity (moles per liter) or mass per volume (e.g., grams per liter). It is calculated by dividing the amount of the substance added to the sample (in moles or grams) by the total volume of the solution (in liters or appropriate volume units). This value helps in understanding the intended concentration before any experimental variations or losses occur.
What is the donor's adjusted basis of gift for tax purposes?
The donor's adjusted basis of gift for tax purposes is the original cost of the gift, adjusted for any changes in value or improvements made to the gift before it was given.
Is wage calculated before or after taxes are deducted?
Wages are typically calculated before taxes are deducted.
What was china's economic policies before the mongols arrived?
what was chinas economic policies before the mongols arrived
Is base salary calculated before or after taxes?
Before taxes.
