In the context of nominal and real variables, which one of the following can NOT be a nominal variable? In the context of nominal and real variables, which one of the following can NOT be a nominal variable? Nominal interest rate. GDP growth rate. Stock prices. Exchange rates.

Nominal variables are variables that are measured in:Multiple choice question.monetary units while real variables are measured in numerical units.employment units while real variables are measured by money.units of output while real variables are measured in prices.numerical units while real variables are measured in monetary units.

Nominal GDP is:  A. GDP adjusted for inflation  B. GDP measured in current prices  C. GDP adjusted for population size  D. GDP measured in constant dollars

In the context of interest rates and inflation, which of the following statements is accurate?A.The nominal interest rate is always higher than the real interest rate.B.The real interest rate is the difference between the nominal interest rate and the inflation rate.C.If the nominal interest rate is constant and inflation rises, the real interest rate will rise.D.The real interest rate reflects the nominal rate of return on a loan, without adjusting for inflation.

The difference between a nominal interest rate and the rate of inflation is the _____.A.nominal interest rateB.annual percentage yieldC.compound interestD.real interest rateSUBMITarrow_backPREVIOUS

Which of following statements about Nominal and Real GDP are correct?i. If a country’s Nominal GDP increases, this country may produce more, less or even the same amount of goods and services.ii. Nominal GDP is always larger than Real GDP. iii. Nominal GDP is a widely used measure for a country’s economic performance using current prices, due to its convenience of calculation and interpretation.iv. Real GDP controls for changes in preferences and prices.Question 4Answera.i, iiib.i, ii, iiic.i, ii, iii, ivd.iii