Economic variables are most often expressed in
A)nominal terms, and that's what's important.
B)nominal terms, but real variables are what's important.
C)real terms, and that's what's important.
D)real terms, but nominal variables are what's important.

Question

Quizplus · Accepted Answer

Economic variables are often expressed in nominal terms, but real variables, which account for inflation, are more important for understanding the true economic value.

Economic Variables Are Most Often Expressed in