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"Cheltenham & Gloucester sent us a letter saying their admin system couldn't cope and they'd charge us a nominal rate of 0.001% then refund us.
Today it pays a nominal rate of a bit more than 2 percent and a real rate barely above zero.
The nominal rate of protection is the percentage tariff imposed on a product as it enters the country.
The effective rate of protection derived 35 percent is greater than the nominal rate of only 20 percent.
The nominal debt increases with the nominal rate of interest (which includes a 2% inflation expectation), but the nominal income in the euro zone increases by only 0.8%.
He said the average house price to average earnings ratio will decline as house prices fall and assuming earnings rise at an average nominal rate of 5% per annum.
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But their traditional businesses are growing at nominal rates of gross domestic product.
Having become used to (nominal) rates of 4-6% in recent years, savers may initially suffer from "sticker shock" if rates fall to 1% or so, as they already have in America and may well do in Europe.
On October 6th, 1998, the yen ratcheted up from 135 to 115 to the dollar in the space of a few hours.Although Japanese nominal rates of interest are trapped close to zero, "real" rates remain high and the economy is depressed because of expected future falls in the price level.
Since it is impossible to determine the dynamics of the nominal rates of profits in this model, the sequence of the nominal rates of profits ({r_{t}}) is assumed to be given.
The nominal rating of the universal machine is 2 kVA as a three phase 50 Hz, 3000 r.p.m.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com