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Any plausible story runs through interest rates: either you have a fixed nominal money supply, so a rise in the real money supply drives rates down; or you have in mind some kind of stabilizing policy by the central bank.
While the additional spending cannot reduce the nominal money stock, this spending will bid up the prices of nonmoney objects, because too much money is chasing the limited stock of goods and assets.
The weaker dollar will make U.S. manufacturers more competitive overseas, bringing more (nominal) money to more American families.
where M S is nominal money supply, P is the price level, and L is a real money demand function from the private sector.
(Unpriced resources are easily accommodated, and the unit price is 1.0 in the base year if the resource or good is measured in nominal money values).
It is a marketing gimmick i.e., the nominal money it will pay out will be treated as a customer acquisition cost.
Similar(52)
The AIDA calendar comprises about 20 events through March, some with nominal prize money.
A government or its central bank determines the nominal quantity of money that circulates and is held, but the public determines money's real value.
"And they would require no or nominal amounts of money".
Finally, sheer nominal stickiness / money illusion doesn't seem to play any role in the Hall/Farmer formulation.
"Closing the clinics will only save a very nominal amount of money and could cost an enormous amount of harm".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com