Sentence examples for nominal quantity from inspiring English sources

According to the quantity theory of money, what ultimately matters to holders of money is the real rather than the nominal quantity of 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.

The nominal quantity is expressed in whatever units are used to designate money talents, shekels, pounds, pesos, euros, dollars, yen, and so on.

If this is so, then no matter what factors may determine the nominal quantity of money it is the holders of money who determine the real quantity and, in the process, also determine the price level.

So, the unit cost of producing a nominal quantity, ρ, can be expressed using some strictly concave function of benchmark factor prices, p. That is, begin{array}{*{20}l} rho = frac{lambda}{z} hleft(mathbf{p}; boldsymbol{lambda} right).

The nominal quantity of input commodity i is x i, and the quality measure (i.e., the MRS of the input commodity with respect to the standard) is λ i.

Then, the CRS will hold for nominal quantities of inputs and outputs, namely, x i and y.

3. Nominal quantities for pre-packed products (vote) - Recommendation: Toubon.

Parliament has also specified that the directive will not apply to pre-packed bread, spreadable fats, or tea, for which national rules on nominal quantities will continue to apply.

The changes made by the European Parliament's Committee on Internal Market and Consumer Protection to the Commission's draft legislation laying down rules on nominal quantities for pre-packed products would not, however, bring about such a situation.

We denote the effective output in units of standard commodity by λ y, where y denotes the nominal output quantities, and λ denotes the quality measure, i.e., the MRS of the output commodity with respect to the standard commodity.