4 ms·
nominal = actual dollar amount real = adjusted for some factor (inflation for example) Good point about needing to adjust for inflation. I did not consider tha
by triangleman 11y ago
nominal = actual dollar amount
real = adjusted for some factor (inflation for example)
Good point about needing to adjust for inflation. I did not consider that. I still believe that Eisenhower's warning about the military industrial complex was prescient.