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Nominal figures ignore inflation and growth of the population and the economy itself.
Journalists have no excuse for not making the distinction between nominal figures and real ones that take inflation into account.
Again, we can use the nominal figures, which suggest we're paying record amounts – $10.7bn in 2013-14: Or we can use again the more honest measures of proportion of GDP or revenue and see that the level of interest payments is well below what we had to pay in the 1980s and 1990s – even when our total debt was higher.
Similarly, calculated based on nominal figures, 82.8 % of trade in C&T-goods are included in 2009.
The intensity of C&T-value added directly embodied in international C&T-trade flows reflects nominal figures, expressed in constant prices of million US$, where 1995 100.
Similar(55)
"Kim Jong-un is still just a nominal figure and the members of the power elite will be the ones in actual power".
"Kim Jong-un is still just a nominal figure and the members of the power elite will be the ones in actual power". He said his father had not wanted to pass power to a third generation, but decided the bloodline was needed to maintain the regime's stability.
Mr. Firpo and his wife, whom he described in court papers as "a nominal figure in the said corporation" although she is named as the company's president, are seeking to quash a subpoena by Commissioner Ruskin seeking their corporate records.
"These will be put out for consultation in September but it is worth remembering that the whole development will take a generation to complete and 10,000 homes is a nominal figure as there is only planning permission at present for 9,500".
The nominal value of the input impedance of a radio frequency antenna The actual impedance may vary quite considerably from the nominal figure with changes in frequency.
On a related note, when organizations like the U.S. Chamber of Commerce or their Republican allies defend tax inversions by complaining about our "high" corporate tax rate of 35percenttheyhey conveniently forget the myriad ways big corporations have of ensuring that they pay a rate far less than that nominal figure.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com