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And IT spending is clearly increasing, in nominal, real, and per-worker terms.
This insertion of nominal real life gives the movie a modest shiver, but such self-reflexivity feels more ritualistic than revelatory.
The μ value is less than a 1% relative distance to the nominal ("real") value.
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A nominal real-valued acoustic impedance is therefore used to design reduced order controllers.
From 1991 to 1994, the nominal-real effective exchange rate difference declined to an average of 2 percentage points.
The main difference between nominal and real GDP is that real GDP takes inflation into account.
The proxy used to deflate nominal into real prices was calculated by comparing real and nominal values of GDP derived from World Bank.
But this argument is incorrectly based on nominal, not real, interest rates and so ignores the impact of inflation in eroding the real burden of mortgage debt.
Real wages in the UK continue to tumble, indeed in the latest data releases nominal and real wage growth are both falling.
Here are interest rates, nominal and real, since 2003: In 2004 federal borrowing paid a nominal rate of more than 4 percent and a real rate of about 2 percent.
No one gets cut -- either in nominal or real dollars.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com