answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How do you calculate Nominal Dollars?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How do you calculate nominal deficit?

nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.real deficit: nominal deficit - (inflation x total debt)


Use nominal in a sentence?

The nominal fee for admission to the museum was five dollars.


What three pieces of information are needed to convert nominal dollars to constant dollars?

anyone know this answer?


How do you calculate nominal interest rate?

Nominal interest, is the amount of interest on a loan or investment that does not take into account inflation; it's the amount of interest listed on the loan or bond.


How do you calculate 420 euros to American dollars?

How do you calculate 420 euros to american dollars?


What is the price of plastecene?

very nominal (a couple of dollars) - but the exact price would depend on where you live


. If economists calculate the GDP for 2009 using current prices of year 2009 what are they estimating?

nominal GDP


If economists calculate the GDP for 2009 using current prices of year 2009 what are they estimating?

nominal GDP


Difference between nominal and real variable?

A nominal variable is a variable measured in current dollars (the value of the dollar for the specific period discussed), and a real variable is a variable measured in constant dollars (the value of the dollar for the base period). That is, a real variable adjusts for the effects of inflation.


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.


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.


How do you calculate GDP deflater?

GDP Deflator = Nominal GDP/Real GDP x 100.